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When meeting with a client they relay the following information: In 2020, all members of the company pension plan, including your client, had the opportunity

When meeting with a client they relay the following information:

In 2020, all members of the company pension plan, including your client, had the opportunity to upgrade their pension benefits, resulting in a past service event.Your client has always made the maximum allowable RRSP contributions and they plan to do the same for 2020. In anticipation of you calculating their new RRSP contribution room related to the year 2020 your client has gathered the following information.

Earned Income 2018: $68,850

2019: $72,000

2020: $75,000 (anticipated)

PA 2018: 6,915

2019 : 7,200

2020: 7,500 (anticipated)

PSPA 2018: $0

2019: $0

2020: $3,600

Using the above information calculate your client's RRSP contribution room for the tax year 2020

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