General price-level index information for the country of Majikstan is as follows: 12/31/X7 30,000 Average 32,900 12/31/X8

Question:

General price-level index information for the country of Majikstan is as follows:
12/31/X7 30,000
Average 32,900
12/31/X8 36,000
Required:
Using this information and the information in Exercise 6, calculate the increase in the current cost of Majikstan Enterprise's equipment, net of inflation.