SLR Corporation has 2,700 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows: Product 2 $51 53 Product 1 $84 155 4 Cost Selling price Costs to sell 4 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products. What is the before-tax income effect of the LCNRV adjustment? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products. Lower of Cost Per Unit Product Cost NRV Unit Cost Inventory Value or NRV 2,700 2 2,700 Cost Inventory value Required 1 Required 2 What is the before-tax income effect of the LCNRV adjustment? Before-tax income effect