basket consists of 10 bushels of peaches and 9 bushels of pecan (10+20+15= 45 Points) Price of Peaches Price of Pecan Year (Dollars per bushel) (Dollars per bushel) Year 2018 11 6 Year 2019 8 10 Year 2020 9 10.5 (1) Calculate the cost of the same) basket in Year 2018, 2019 and 2020, respectively. (Show all your math work) Year Peaches Pecan P/O/Peach P/O/Pecans C/O/Peach c/o/Pecan Total Cost 2018 9 6 $110 $54 $164 2019 10 9 8 10 $80 $90 $170 2020 10 10.5 $90 $90.5 $184.5 Cost of peaches (Quantity Price) Cost of pecans (Quantity * Price) Cost of Baskets (Cost of peaches + Cost of pecans) (I highlighted the calculation for peaches, unhighlighted for pecans, and BOLD for total cost ) (2) If Year 2018 is the base year, then calculate the CPI for Year 2018, 2019 and 2020, respectively. (Show all your work) I (3) If Year 2018 is the base year, then compute the inflation rate in 2019 and 2020, respectively. (Show your work)