Kathy is $48$ years of age and self$-$employed. During $2022$ she reported $$114,000$ of revenues and $$45,600$ of expenses relating to her self$-$employment

activities. If Kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to a SEP IRA for $2022?$

Note: Round your final answer to the nearest whole number.

Multiple Choice

$$12,714$

$$19,214$

$$76,950$

$$61,000$