On May 10, Hudson Computing sold 115 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 $120,0 72,8e0 $ 1,5ee Apr. 9 May 1 Total on hand 80 45 125 $192,e98 Prepare journal entries to record the cost of the 115 Millennium laptops sold on May 10, assuming that Hudson Computing uses the following. (Round your r final answers to the nearest dollar amount. If no entry is required for a transaction/event, select "No journa entry required" in the first account field.) a. Specific identification method (71 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 View transaction list View journal entry worksheet General Journal Debit Credit No Transaction Cost of goods sold 176,900 176,900 Inventory 176,640 2 b Cost of goods sold Inventory 176,000 31 |Cost of goods sold c. 176,000 Inventory Cost of goods sold Inventory