If Julio's jambalaya cart grossed $25,000 in profits in 2005 at a CPI of 90, and grossed $35,000 in profits in 2007 at a CPI of 120, what year had the higher inflation-adjusted income and by how much in 2007 dollars? 2007 by $10,000 2007 by $2,000 Both years had the same amount of income. 2005 by $1,000