The spot rate is A$1.0941/$, the price of the 3-piece luggage set in Phoenix (USA) is $850 and the price of the same 3-piece set in Sydney (Australia) is A$930. If the price of the luggage increased by $10 in Phoenix one year from now, determine what the price of the luggage should be in Sydney in one-year time if PPP holds true. The US Inflation rate is 1.15% and the Australian inflation rate is 3.13%.