Ava just turned 28 years old on August 1, 2021. She is looking to make her first Tax-Free Savings Account (TFSA) contribution. As of today, Ava has only contributed $3,000 to date. Ava just received her company bonus and is transferring the money to her investment advisor for a contribution to her TFSA. What is the maximum contribution (including carry-forward amounts) that she can make?

Tax-Free Savings Account (TFSA): Annual Limits
Years	Annual Limit	Years	Annual Limit
Year started 2009 - 2012	$5,000/year	2016 - 2018	$5,500/year
2013 - 2014	$5,500/year	2019 - 2020	$6,000/year
2015	$10,000/year	2021	$6,000/year

Points: 1

1. $60,500

2. $62,500

3. $59,500

4. $65,500

5. $60,000