An engineer in 1950 was earning $6,200 a year. In 2020, she earned $82,000 a year. However, on average, prices in 2020 were higher than in 1950. What was her real income in 2020 in terms of constant 1950 dollars? Use the data in Table 5.8. Note: Round your answer to 2 decimal places. Real income in 2020 l TABLE 5.8 The consumer price index (CPI) shows how inflation has increased the cost of a typical family's purchases. Percent Change CPI since 1950 1956 | 256 | 0000000 | 1960 + 19.2% 1970