Question: Problem 14-4 Calculating Maximum Contributions (LO5] Jean and Dan both work. Each earns a salary of $50,000, but only Jean is a member of a

Problem 14-4 Calculating Maximum Contributions (LO5] Jean and Dan both work.

Problem 14-4 Calculating Maximum Contributions (LO5] Jean and Dan both work. Each earns a salary of $50,000, but only Jean is a member of a registered pension plan. Both she and her employer contribute 2 percent of her gross salary to a defined contribution pension plan. Dan has $15,000 of unused contribution room carried forward since 1991. Calculate the maximum RRSP contribution that each can make. (Omit the "S" sign in your response.) Jean Dan Maximum RRSP contribution $ $

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