SLR Corporation has 2,000 units of each of its two products in its year-end inventory. Per unit data for each of the products are follows: Cost Replacement cost Selling price Selling costs Normal profit margin $54 50 72 $36 28 38 6 1e 12 Determine the balance sheet carrying value of SLR's inventory assuming that the lower of cost or market (LCM) rule is applied to individual products. What is the before-tax income effect of the LCM adjustment? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 betermine the balance sheet carrying value of suR's Inventory assuming that the lower of cost or market (LCM) rule is applied to individual products Lower Per Unit Product Cost Market InventoryUnit Cost of Cost Value or 50 2000 108 000 100.000 28 2,000 72,000 56,000 3628 Determine the balance sheet carrying value of SLR's inventory assuming that the low to individual products. Lower Cost of Cost Market 50 63 2,000 108,000100,000 56,000 Per Unit ProductCost Market InventoryUnit C Value or 1 |$ 540|$ 500$ 628 2.000 72,000 2 Cost 180,000 Inventory value 156,000 Required 2>