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Kathy is 48 years of age and self-employed. During 2019 she reported $538,000 of revenues and $107,600 of expenses relating to her self-employment activities. If

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Kathy is 48 years of age and self-employed. During 2019 she reported $538,000 of revenues and $107,600 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)? $83,279. $89.279. $56,000. $62,000

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