SLR Corporation has 2,800 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows: Cost Selling price Costs to sell Product 1 Product 2 $ 86 160 5 $52 54 3 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. Product Cost NRV Per Unit Inventory Value Lower of Cost Unit Cost or NRV 1 2,800 2 2,800 Cost $ 0 Inventory value $ GA 0