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.

Prepare journal entries to record the cost of the $90$ Millennium laptops sold on May $10,$ assuming that Hudson Computing uses the

following.

a$.$ Specific identification method $(62$ of the units sold were purchased on April $9,$ and the remaining units were purchased on May $1).$

b$.$ Average$-$cost method.

c$.$ FIFO method.

d$.$ LIFO method.

e$.$ Discuss briefly the financial reporting differences that may arise from choosing the FIFO method over the LIFO method.