The following information comes from the 2024 Ocean Petroleum corporation annual report to sharehoiders: NOTE 4 INVENTORIES Net carrying values of inventories valued under the LIFO method were approximately $186 million and $206 milion on December 31 , 2024 and 2023, respectively. Inventories consisted of the following (\$ in millions) The UFO reserve indicates that inventories would have been $57 milion and $54 million higher at the end of 2024 and 2023. respectively, if Ocean Petroleum had used FIFO to value its entire inventory. Required: If Ocean Petroleum had used FFFO to value its entire inventory how would its 2024 pre-tax income be affected