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need help Problem 9-35 (Lo. 5} Amber's employer, Lavender, Inc., has a E 401(k) plan that permits salary deferral elections by its employees. Amber's salary

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Problem 9-35 (Lo. 5} Amber's employer, Lavender, Inc., has a E 401(k) plan that permits salary deferral elections by its employees. Amber's salary is $99,000, and her marginal tax rate is 24% and she is 42 years old. a. What is the maximum amount Amber can elect for salary deferral treatment For2019? d: b. If Amber elects salary deferral treatment for the above amount. how much can she save in taxes? Her tax liability for 2019 would be reduced by $[:] . c. What is the recommended amount that Amber should elect as salary deferral treatment for 2019? d

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