Lorenzo is your best friend. You both graduated from Concordia and you both started your full-time jobs last year on January 1, 2022. Neither of you worked prior to this job as you both traveled throughout Europe during your summer vacations. You are curious to know what Lorenzo's salary is and you know that he will not tell you if you ask. He has however told you that he made the maximum Registered Retirement Savings Plan (RRSP) contribution on January 1, 2023, in the amount of $14,400. Both of you have not received a raise since starting your full-time jobs. What is Lorenzo's salary?

Select one:

a.

$65,000

b.

$80,000

c.

$85,000

d.

$76,000

e.

$72,000