Which is the correct amount of earned income for conchita

Assignment Help Financial Accounting

Reference no: EM132769730

Problem 1: Conchita Vanderbilt would like to calculate her RRSP annual limit and needs your assistance in computing her earned income. Her previous year's tax return reported the following amounts: - $65,000 net employment income, after deducting her registered pension plan contributions of $2,200 . $3,300 net rental loss ' $10,500 interest income - $4,200 spousal support received Which of the following is the correct amount of earned income for Conchita for the previous taxation year?

A. $55,000

B. $74,200

C. $55,100

D. $75,500

Reference no: EM132769730

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