SLR Corporation has 3,000 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows Product 1 Product 2 Cost Selling price Costs to se11 $ 90 170 $54 56 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? Required 1Required 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 or NRV Per Unit Product Cost NRV Inventory Value Unit Cost 3,000 2 3,000 Cost Inventory value Required 1Required 2 What is the before-tax income effect of the LCNRV adjustment? Before-tax income effect