Quarterly sales and net income data for General Electric for Year 1 through Year 9 are shown below (5 millions) Net Net Net Sales Sales Sales Income Income Income Dec Sep Jun. $17,349 $1,263 S14,442 $1,457 $21,860 S2.162 Y1 Y4 Y7 Sep Mar. Y2 12.278 964 Dec. Y4 17,528 1,685 21,806 2014 Y7 Jun. Y2 13,984 1.130 Mar. Y5 14,948 1,372 Dec. Y7 24.876 2.350 Sep Y2 13.972 996 Jun. Y5 17,630 1,726 Mar. Y8 22.459 1,891 Dec Jun. 16,040 1,215 Sep Y5 17,151 1.610 24.928 2.450 Y2 Y8 Dec Sep Mar. Y3 12.700 1,085 19,547 1.865 23.978 2.284 Y5 Y8 Mar Jun. Y3 14,566 656 16,931 1,517 Dec Y8 28,455 2,671 Y6 Sep Jun. 14,669 1,206 18.901 1.908 Mar. Y9 24.062 2.155 Y3 Y6 Dec Y3 17,892 1,477 Sep Y6 19.861 1,788 Jun. Y9 27.410 2.820 Mar. Y4 12,621 1.219 Dec Y6 22.848 2.067 Jun. Y4 14,725 1,554 . Y7 19.998 1,677 Required: Use these data and any other historical information available to forecast sales and net income for each of the quarters ending September Year 9, December Year 9, March Year 10, and June Year 10. Explain the basis of your forecasts. Quarterly sales and net income data for General Electric for Year 1 through Year 9 are shown below (5 millions) Net Net Net Sales Sales Sales Income Income Income Dec Sep Jun. $17,349 $1,263 S14,442 $1,457 $21,860 S2.162 Y1 Y4 Y7 Sep Mar. Y2 12.278 964 Dec. Y4 17,528 1,685 21,806 2014 Y7 Jun. Y2 13,984 1.130 Mar. Y5 14,948 1,372 Dec. Y7 24.876 2.350 Sep Y2 13.972 996 Jun. Y5 17,630 1,726 Mar. Y8 22.459 1,891 Dec Jun. 16,040 1,215 Sep Y5 17,151 1.610 24.928 2.450 Y2 Y8 Dec Sep Mar. Y3 12.700 1,085 19,547 1.865 23.978 2.284 Y5 Y8 Mar Jun. Y3 14,566 656 16,931 1,517 Dec Y8 28,455 2,671 Y6 Sep Jun. 14,669 1,206 18.901 1.908 Mar. Y9 24.062 2.155 Y3 Y6 Dec Y3 17,892 1,477 Sep Y6 19.861 1,788 Jun. Y9 27.410 2.820 Mar. Y4 12,621 1.219 Dec Y6 22.848 2.067 Jun. Y4 14,725 1,554 . Y7 19.998 1,677 Required: Use these data and any other historical information available to forecast sales and net income for each of the quarters ending September Year 9, December Year 9, March Year 10, and June Year 10. Explain the basis of your forecasts