Kathy is 60 years of age and self-employed. During 2022 she reported $116,000 of revenues and $43,200 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 $61,000 $13,531 $78,300 $20,031