Inflation

Laureen Mauer's salary a year ago was $$53,000.$ If inflation during the year was $4\mathrm{.}5$ percent in Tampa where she lives, how much of a decline in her purchasing power occurred? Enter the dollar answer as a positive value. Round your answer to the nearest dollar.

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Also, what would be her purchasing power if deflation of $1$ percent occurred? Round your answer to the nearest dollar.