Below are data for the median family income in the United States by Race and Hispanic Origin, for the years 1972-1987. The data are in current dollars. 1. Convert the current dollar figures into constant dollars (i.e., control for inflation). The formula for converting constant dollars into current dollars is: constant dollars current dollars/(CPI-U * 0.01) Calculate constant dollars for each of the categories: All Families, White, Black, and Hispanic. (The CPI-U figures have a 1982-84 as the base year. Therefore, the constant dollars will be in 1982-84 dollars.) 2. Create one line graph to compare the trends for the three racial'ethnic groups (i.e., White, Black, Hispanic) (use the constant dollar figures). 3. Create a memo in Word comparing the trend for median family income for the three groups over the past 15 years. Import your graph into your Word memo. Save your documents with the filename: INCXXX (where xXxx are your initials). (Note: You should save two files. One should be an EXCEL document and the other should be a Word document.) Median Family Income by Race and Hispanic Origin, 1960-87 (in current dollars) Year All Families White Black Hispanic CPI-U 1972 11116 11549 6864 8183 41.8 1973 1974 12051 12595 7269 8715 44.4 12902 13408 8006 9540 49.3 1975 13719 14268 8779 9551 53.8 1976 14958 15537 9242 10259 56.9 1977 16009 16740 9563 11421 60.6 1978 17640 18368 10879 12566 65.2 20439 21904 23517 1979 11574 12674 19587 14169 72.6 1980 21023 14716 82.4 90.9 96.5 99.6 1981 22388 23433 13266 16401 1982 24603 13598 16227 1983 24674 25837 14561 16930 1984 26433 27686 15431 18832 103.9 1985 27735 29152 16786 19027 107.6 1986 29458 30809 17604 19995 109.6 1987 30853 32274 18098 20306 113.6