2150 Question 4 (1 point) Sand The Qubec company MIC Inc offers les employees a...
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2150 Question 4 (1 point) Sand The Qubec company MIC Inc offers les employees a DBPP and has decided to set UP 3 GRRSP for its employees Below are some details pertaining to Michael, a company employee for many years. Thos year's income amounts to $53,000 Last year's income amounted to $50,000 No unused contribution room This year's RRSP contribution limit stands at 18% Last year's pension adjustment was $6,000 This year's pension adjustment is $6,500 What is the maximum amount Michael can invest in his employer's GRRSP this year? 01 53,000 $3.540 Od 56,000 d) 59.000 RO
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