A companys defined benefit pension plan utilizes a funding formula that considers years of service and average compensation to determine the pension benefit payable to the plan participants. If Kim is a participant in this defined benefit pension plan and she has 30 years of service with the company and average compensation of $500,000, what is the maximum pension benefit that can be payable to Kim at her retirement in 2016?

A)$53,000

B)$210,000

C)$265,000

D)$500,000