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Kathy is 48 years of age and self-employed. During 2018 she reported $508,000 of revenues and $101,600 of expenses relating to her self-employment activities. If

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Kathy is 48 years of age and self-employed. During 2018 she reported $508,000 of revenues and $101,600 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 an individual 401(k)? Multiple Choice $55,000. $61,000. $97,099. $103,095

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