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) A 50-year old individual had the following for income amounts for the year 2019: Business income $77,500 Capital gains $15,500 Dividend income $4,300 Interest

) A 50-year old individual had the following for income amounts for the year 2019:

Business income

$77,500

Capital gains

$15,500

Dividend income

$4,300

Interest income

$2,500

Rental income

$90,000

Spousal support received

$65,400

Business losses

$58,700

Capital losses

$8,600

Rental losses

$24,700

Spousal support payments

$37,500

Also for 2019, the pension adjustment was $4,900 and the unused RRSP deduction limit (per the CRA's 2019 Notice of Assessment) was $15,900. For 2020, the individual's earned income was $105,400 and the pension adjustment was $4,800.

What is the maximum allowable RRSP contribution for 2020?

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