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Scenario 24-3 Sue Holloway Was an Accountant in 1944 and Earned $12,000

Question 72

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Scenario 24-3
Sue Holloway was an accountant in 1944 and earned $12,000 that year.Her son,Josh Holloway,is an accountant today and he earned $210,000 in 2013.The price index was 17.6 in 1944 and 218.4 in 2013.
-Refer to Scenario 24-3.Sue Holloway's 1944 income in 2013 dollars is


A) $23,033.
B) $136,909.
C) $148,909.
D) $240,960.

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