Use the following formula to answer the indicated question: Benefit amount = Maximum award - 0.6 (Wages in excess of ceiling) Raynoo is retired and earns $15,000 per year working part-time. She is entitled to a maximum Social Security retirement benefit of $14,000. Social Security regulations allow her to earn $9,000 and still get maximum benefits. Raynoo's total income, including Social Security benefits, is
A. $29,000.
B. $14,000.
C. $25,400.
D. $15,000.
Answer: C
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