Esquire Inc. uses the LIFO method to value its inventory. Inventory at January 1, 2011, was $425,600 (22,400 units at $19 each). During 2011, 80,200 units were purchased, all at the same price of $31 per unit. 85,500 units were sold during 2011. Esquire uses a periodic inventory system. Assuming an income tax rate of 36 %, what is LIFO liquidation profit or loss that the company would report in a disclosure note accompanying its financial statements? (Loss amount should be indicated with a minus sign. Omit the "$" sign in your response.)