1. create a 2024 monthly forecast using a simple smoothing exponential method 2. Represent the actual data for each month in 2022 as Dt, the forecasted data for each month in 2023 as Ft, and the forecast for each month in 2024 as Ft+1. Utilize a smoothing constant of 0.15 Ft+1 = ?Dt + (1 - ? ) Ft 2022 2023 JANUARY 51,491 594,000 FEBRUARY 51,491 594,000 MARCH 51,491 594,000 APRIL 189,000 433,333 MAY 189,000 433,333 JUNE 189,000 433,333 JULY 211,867 206,796 AUGUST 211,867 206,796 SEPTEMBER 211,867 206,796 OCTOBER 351,986 715,079 NOVEMBER 351,986 715,079 DECEMBER 351,986 715,079 TOTAL INCOME 2,413,032 5,847,624