Micheal knows about the Old Age security (OAS) pension clawback but is unsure how to calculate it for him and his wife. In 2020, the OAS pension is claw backed or reduced by 15% above $79,054. Micheal and his wife are both receiving monthly pensions of $613.54. His net income is $128,000 while his wifes net income is $79,000. What is the total OAS amount they get to keep in 2020?

Minimum Income recovery Treshold: $79,054

Maximum Income Recovery Threshold: $128, 137

A) $ 7,383

B) $ 7, 342

C), $8, 389

D) $13, 833

E) $14, 704