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A firm can pay no more than $5,500,000 in tax deferred contributions to its 401k plan on behalf of employees in 2022. How much did

A firm can pay no more than $5,500,000 in tax deferred contributions to its 401k plan on behalf of employees in 2022. How much did the firm pay in total compensation to its employees in 2022?

Round to the nearest whole dollar.

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