Berg Company began operations on January 1, 2013, and uses the FIFO method in costing its raw materials inventory. During 2014, management is contemplating a change to the LIFO method and is interested in determining what effect such a change will have on net income. Accordingly, the following information has been developed:

Required:
What is the effect on income before income taxes in 2014 of a change to the LIFO method?

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2013 $240,000 120,000 2014 FIFO-ending inventory UFO-ending inventory Income before income taxes (computed under the FIFO method) $270,000 210,000 170,000