7-6. Telecommunications Industry Do the following two tasks for AT&T and Verizon. 1. Go to sec.gov, Access Item 8 of the 2016 Form 10-Ks. Examine each firm's consolidated income statements, statements of comprehensive income, and balance sheets. Identity disclosures about defined benefit pension plans. If none exist on the financial statements, explain where you would look to find such disclosures within Form 10-K. 2. Use either the income statements in the appendix to the book or those presented online to calculate the firms' annual effective income tax rates. 7-6. Telecommunications Industry Do the following two tasks for AT&T and Verizon. 1. Go to sec.gov, Access Item 8 of the 2016 Form 10-Ks. Examine each firm's consolidated income statements, statements of comprehensive income, and balance sheets. Identity disclosures about defined benefit pension plans. If none exist on the financial statements, explain where you would look to find such disclosures within Form 10-K. 2. Use either the income statements in the appendix to the book or those presented online to calculate the firms' annual effective income tax rates