A major source of revenue in Texas is a state sales tax on certain types of goods and services. Data are compiled and thestate comptroller uses them to project future revenues for the state budget. One particular category of goods is classified as retail trade. four years of quarterly data (in millions) for one particular area of southeast Texas follow:quarter year 1 year 2 year 3 year 41 218 225 234 2502 247 254 265 2833 243 255 264 2894 292 299 327 356a. compute seasonal indices for each quarter based on CMAplease show work

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)