and
dominant
It was the industry standard even back then. All my clients used it. And it was darn near perfect with the graphics import features and all that. I created big fat module specs and also some publications with integral signs that went over three lines and that sort of thing. This was MS-Word 5.0 for DOS.
RAM wasn't quite that pricey, I paid under $500 for four MB, 1MB already came with the PC. The PC itself OTOH set me back over $5k and that did not include the monitor.