Using a weighted moving average with $2$ time periods, forecast the income for August. Use $2$ for the most recent period and $1$ for the next most recent. What is the forecast amount for August? Consulting income at Kate Walsh Associates for the period of January $$ July has been as follows: MONTH INCOME $(1000$s$)$ Weighted Moving Average Error Exponential Smoothing Alpha $\mathrm{.}3$ Error January $70\mathrm{.}075\mathrm{.}0$ February $68\mathrm{.}5$ March $64\mathrm{.}8$ April $76\mathrm{.}2$ May $71\mathrm{.}3$ June $72\mathrm{.}8$ July $78\mathrm{.}8$ August A$.75\mathrm{.}8$ B$.75\mathrm{.}2$ C$.76\mathrm{.}8$ D$.115\mathrm{.}2$