Review Exercise 6 at the end of Chapter 12, “Revenue Forecasts, Revenue Estimates, and Tax Expenditure Budgets,” and write a three to four (3-4) page…

Review Exercise 6 at the end of Chapter 12, “Revenue Forecasts, Revenue Estimates,and Tax Expenditure Budgets,” and write a three to four (3–4) page paper that addressesthe following questions:1.Describe a pattern you see in the tax collection data given for the case. 2.Explain with examples whether you know enough to advise the ministry whether or not to revise their 2001 forecast. Describe and justify your recommendation. If not, describe what further information you need.3.Based on the data given, how much tax revenue do you predict will be collected in May of 2001? Explain your reasoning.The format of the paper is to be as follows:•Typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.•Type the question followed by your answer to the question.•In addition to the 3-4 page requirement, a title page and reference page are to be included. The title page is to contain the title of the assignment, your name, the instructor’s name, the course title, and the date.•The reference page must include a minimum of three (3) scholarly references in proper APA format

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