This question has two parts, could you please answer both? bold final answer please!

Required information Problem 13-85 (LO 13-5) (Algo) [The following information applles to the questions displayed below] Rita is a self-employed taxpayer who turns 39 years old at the end of the year (2022). In 2022, her net Schedule C income was $266,000. This was her only source of income. This year, Rita is considering setting up a retirement plan. What is the maximum amount Rita may contribute to the self-employed plan in each of the following situations? Note: Round your intermediote calculations ond final answers to the nearest whole dollor omount. Problem 13-85 Part a (Algo) o. She sets uP a SEP IRA. Required information Problem 13-85 (LO 13-5) (Algo) [The following information applies to the questions displayed below] Rita is a self-employed taxpayer who turns 39 years old at the end of the year (2022). In 2022, her net Schedule C income was $266,000. This was her only source of income. This year. Rita is considering setting up a retirement plan. What is the maximum amount Rita may contribute to the self-employed plan in each of the following situations? Note: Round your intermediate calculations and final answers to the nearest whole dollor amount. Problem 13-85 Part b (Algo) b. She sets up an individual 401(k)