Question 1 2 pts The following data was collected from the accounting records of Ambrose, Inc., which currently uses the FIFO method of valuing inventory. Sales revenue 200 units at $25 per unit Purchases 180 units at $15 per unit Beginning inventory 60 units @ $12 per unit What would have been the difference in Ambrose's ending inventory under the LIFO costing method? Ending inventory is the same under both methods. Ending inventory would have been $120 higher. Ending inventory would have been $120 lower. The difference cannot be determined using this information