Item$7$

$1\mathrm{.}38$

points

Return to questionItem $7$

Alicia has been working for JMM Corporated for $48$ years. Alicia participates in JMM$$s defined benefit plan. Under the plan, for every year of service for JMM$,$ she is to receive $2$ percent of the average salary of her three highest consecutive calendar years of compensation from JMM$.$ She retired on January $1,2021.$ Before retirement, her annual salary was $$618,000,$ $$648,000,$ and $$678,000$ for $2018,2019,$ and $2020.$ What is the maximum benefit Alicia can receive in $2021?$