Part 2 (1 point) {P See Hint Suppose your grandmother is retired and receives a monthly Social Security check of $2,800.00. According to the article, how much money will she receive after the cost-ofliving increase? New Social Security check: $ (Give your answer to two decimals.) Part 3 (1 point} 0 See Hint Critics of this modest increase argue that the cost of living for retirees has increased by more than the current index used to make adjustments to retiree payments. Suppose a price index for senior citizens' market basket increased by 2.2%. How much money should your grandmother receive in this case? New Social Security check: $ (Give your answer to two decimals.)