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Problem 1 4 - 5 Calculating Maximum Contributions [ LO 5 ] Jean and Dan both work. Each earns a salary of $ 5 1

Problem 14-5 Calculating Maximum Contributions [LO5]
Jean and Dan both work. Each earns a salary of $51,000, but only Jean is a member of a registered pension plan. Both she and her
employer contribute 2 percent of her gross salary to a defined contribution pension plan. Jean has no unused RRSP room carried
forward as she has maxed out her RRSP each year. Dan has $15,000 of unused RRSP contribution room carried forward showing on
his Notice of Assessment. Calculate the maximum RRSP contribution that each can make this year. (Omit the "$" sign in your
response.)
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