Which of the following statements about making contributions into super are TRUE:

1. Salary sacrifice contribution are when you ask your employer to pay part of your salary or wage into superannuation instead of paying it to you directly. They are normally subject to a 15% contributions tax and are eligible for the government co-contribution.
2. An individual is aged 50 and they would like to sell an investment property and place some of the proceeds into super. Their super account balance is currently $1 million. They have not made any non-concessional contributions before. The maximum amount that they could contribute this year into super as a non-concessional contribution is $110,000.

a/. Neither of the statements are true (both are false)

b/. Only statement 1 is true

c/. Only statement 2 is true

d/. Both statements are true (neither are false)