Income at the architectural firm Spraggins and Yunes for the period February to July was as follows:

Month February March April May June July

Income ($000's) 75.0 71.5 66.4 72.3 73.5 74.0

Assume that the initial forecast for February is 70.0 (in $ thousands) and the initial trend adjustment is 0. The smoothing constants selected are alpha = 0.2 and beta = 0.2

Using trend-adjusted exponential smoothing, the forecast for the architectural firm's August income is ________thousand dollars (round your response to two decimal places).

The mean squared error (MSE) for the forecast developed using trend-adjusted exponential smoothing is ________(thousand dollars)²

(round your response to two decimal places).