Your answer is partially correct. Try again. Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method. ELIZABETH BROWN COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost X X =x Purchases March 26, 2020 540 13 7,020 x Purchases February 16, 2020 v 720 12 8.640 Ending Inventory 1,440 15,660 LINK TO TEXT Exercise 8-12 Elizabeth Brown Company was formed on December 1, 2019. The following information is available from Brown's inventory records for Product BAP. Units Unit Cost 540 $ 9 10 January 1, 2020 (beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 26, 2020 11 1,080 1,170 720 540 12 13 A physical inventory on March 31, 2020, shows 1,440 units on hand