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Manfred, age 65, met the eligibility criteria for a full Old Age Security (OAS) retirement pension, which is $698.60 per month. He received that amount

Manfred, age 65, met the eligibility criteria for a full Old Age Security (OAS) retirement pension, which is $698.60 per month. He received that amount for 12 months in 2023.  If his net income is $96,500, and assuming the minimum income threshold for OAS is $86,912. Calculate the net OAS benefit amount that Manfred will receive after any OAS clawback.

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