Required information [The following information applies to the questions displayed below.) Hope is a self-employed taxpayer who turns 54 years old at the end of the year (2019). In 2019, her net Schedule C income was $130,000. This was her only source of income. This year, Hope is considering setting up a retirement plan. What is the maximum amount Hope may contribute to the self-employed plan in each of the following situations? (Round your Intermediate calculations and final answers to the nearest whole dollar amount.) a. She sets up a SEP IRA. Maximum contribution Required information (The following information applies to the questions displayed below.) Hope is a self-employed taxpayer who turns 54 years old at the end of the year (2019). In 2019, her net Schedule C Income was $130,000. This was her only source of income. This year. Hope is considering setting up a retirement plan What is the maximum amount Hope may contribute to the self-employed plan in each of the following situations? (Round your Intermediate calculations and final answers to the nearest whole dollar amount.) b. She sets up an individual 401(k). Maximum contribution