EXERCISE 8.2 On May 10. Hudson Computing sold 90 Millennium laptop computers to Apex Publishers. At the date of this sale, Hudson's perpetual inventory records included the following cost layers for the Millennium laptops. Quantity Purchase Date Apr May 1 Total on hand Unit Cost $1.500 $1600 30 100 Total Cost $105,000 48.000 $158.000 Prepare journal entries to record the cost of the 90 Millennium laptops sold on May 10, assuming that Hudson Computing uses the following Specific identification method (62 of the units sold were purchased on April 9, and the remaining units were purchased on May 1). 1. Average-cout method c. FIFO method d. LIFO method