Retirement Savings And Other Special Income Arrangements 495 Assignment Problems Hon 4. Ms. Stratton was awarded a one week trip to Bermuda by her employer for being with the company for 15 long years. The fair market value of this trip was $5,000 5. Ms. Stratton is required to travel to the offices of her employer's clients on a regular and aste continuing basis. As a result, her employer reimburses her for actual expenses. These pay- ments totaled $8,462 for the year. Off 6. During the year, Ms. Stratton paid professional dues of $225. 7. During the year, Ms. Stratton made contributions to a Registered Retirement Savings Plan (RRSP) in the amount of $20,000 and to a Tax Free Savings Account (TFSA) in the amount of $6,000 (her maximum contribution room). At the end of 2019, Ms. Stratton's Unused RRSP Deduction Room was nil and she had no undeducted RRSP contributions. Her employer reported that she had a 2019 Pension Adjustment of $5,560. Her Earned Income for 2019 is equal to her 2020 Earned Income. Required: A. Calculate Ms. Stratton's net employment income for the year ending December 31, 2020, and indicate the reasons that you have not included items in your calculations. Ignore GST/ HST/PST implications. B. Calculate Ms. Stratton's maximum RRSP deduction for 2020 C. Comment on the advisability of her $20,000 contribution to her RRSP