1. During the Month of March there were no purchases and only one sale occurred. What was the quantity sold during March? 2. Compute the cost of goods sold for Capistrano Retailers for the month of March under each Method: 3. Which inventory costing method may be preferred for income tax reporting purposes? Capistrano Retail is a seller of glassware. They began operations on January ist and have just finished their first quarter. They are evaluating inventory costing methods, specifically FIFO and LIFO, and want to compare the impocts of the different methods on their first quarter results. They made three purchases during the first quarter at varying prices and quantities. They have only recorded one sale so far which occurred on March 15th. Using the dashboard below, answer a few of the questions posed by manogement at Capistrano Retail: lequired: During the Month of March there were no purchases and only one sale occurred. What was the quantity sold during March