This year Elizabeth's superannuation fund made zero total returns after fees. However, her superannuation account increased by $12,000 after tax due to the minimum compulsory contribution required based on her income over the past year. The minimum compulsory superannuation contribution rate is 9.5%. Superannuation is taxed at 15% flat on contributions. Assume that personal tax rates are 45% flat. How much did the lady earn before taxes over the past year?

Select one:

A.$191,387.56

B.$225,161.84

C.$145,263.16

D.$126,315.79

E.$73,664.83