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Brief Exercise 6-35 (Algorithmic) Inventory Costing Methods Tyler Company has the following information related to purchases and sales of one of its inventory items. Required: Calculate ending inventory and cost of goods sold using the FIFO, LIFO, and average cost methods. - Assume that the bonds are sold for $775 each. Prepare the entry to recognize the sale of the 750 bonds. Feedback Theck My Work 5 When bonds are issued, any premium of discount is recorded in a separate valuation account. 6. Assume that the bondis are sold for $1,075 each. Prepare the entry to recognize the sale of the 750 bonds. Fiedtuack TCheck By Viork