Part 1: Use of Inflation Measures in Projections (30 points) 1. Your agency spent $5,000 on supplies in 2022 . What is your best estimate as to how much the organization would have to spend in 2023 to purchase the same amount of supplies? 2024 ? Should you account for inflation? Explain your methodology and show any calculations. (10 points) 2. Your city agency provides transportation for elderly residents and had the following expenses for 2022: How would your analysis differ (if at all) from the approach used in question 1? What are your best estimates for each category in 2023 and 2024? Create a spreadsheet in Excel to show how you arrived at your calculations and explain your methodology. (20 points)