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Question - Kris graduated from university and began working full-time three years ago in January. He also became a member of his employer's defined contribution pension plan at that time. Kris and his employer each contribute 5 % of his salary to the RPP. This is Kris' first job. Based on the following information, three years ago he had earned income of $35,000 and contributed nothing to his RRSP. Then, two years ago he had earned income of $40,000 and contributed $2,000 to his RRSP. Last year he had earned income of $43,000 and contributed $3,000 to his RRSP. This year, he had earned income of $50,000 and contributed $3,000 to his RRSP. How much RRSP contribution room can Kris carry forward to next year?
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