When you see in the news that some dollar value has been "adjusted for inflation", what that means is that each period's "nominal" value (the dollar value from that year) was divided by some measure of the price index (like the CPI) for that year, and then each year's value was multiplied by the CPI of a common year (usually the most recent year, or at least a recent, year).

Year	CPI	College Grad Starting Salary
2002	179.0	40,657
2022	282.7	55,695

Using this chart of nominal starting salaries and the CPI, compare starting salaries for 2022's college grads to those in 2002. In 2022 dollars, how much more (or less!) do 2022's grads earn than 2002 grads after adjusting 2002 salaries to 2022 dollars? (Hint: first adjust 2002 for inflation, then subtract from 2022's salary.) Round to two decimal places, please.