Marissa has been working for the last two years after graduating from cu. Her gross annual salary in 2019 was $125,000. She provided her accountant with the following note: Please find my tax receipts as follows 1) contribution of $20,000 to my Registered Retirement Savings Plan (RRSP) made on May 1, 2019 from my company bonus received in the amount of $25,000 (note: my 2019 RRSP contribution room/limit is $40,000). 2) contribution to my Tax-Free Savings Account (TFSA) on December 1, 2019 for $6,000 and another contribution of $6,000 on January 1, 2020. Please deduct all of my contributions in my 2019 tax return. What is Marissas taxable income for 2019?

$118,000

$124,000

$112,000

$130,000

$105,000