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Alexandria lived in New York City and worked for a hedge fund, making $140,000. Due to the pandemic, she requested her position become permanently remote so that she could relocate permanently to Dallas, Texas, to be closer to her family. Her employer agreed to the request if she would accept a salary adjustment due to the lower cost of living in Dallas.
Using Alexandria’s current salary and the cost-of-living index in the table below, calculate Alexandria’s adjusted salary.