Ima Lucky girl recently found out that her grandfather has passed away and left her his Rocky Mountain Gold savings account. The account was originally opened 50 years ago when Ima's grandfather deposited $2500. He had not added to or subtracted from the account since then. If the account has earned an average rate of 10% per year and inflation has been 4% per year, answer the following:
(a) How much money "is currently in the account in actual dollars?
(b) Express the answer to part (a) in terms of the purchasing power of dollars from 50 years ago.