Scenario 6-1 Grant Smith Was a Doctor.In 1944,he Made $12,000.His Daughter,Lisa Smith,is

Multiple Choice

Scenario 6-1
Grant Smith was a doctor.In 1944,he made $12,000.His daughter,Lisa Smith,is also a doctor.Last year she made $275,000.The price index in 1944 was 17.6 and the price index last year was 200.
-Refer to the Scenario 6-1.What is Grant's 1944 income in last year's dollars?

A) $19,128
B) $21,240
C) $120,682
D) $136,363