Dominion Inc. just adopted a SIMPLE 401(k) retirement plan for its employees in 2022. It chose to make nonelective contributions of 2% of compensation for its eligible employees. The employees' information is provided below. Determine the total nonelective contribution Dominion must make for its employees for the 2022 tax year.

Name	Wage
Tommy Brady	$310,000
Jack Carter	$ 55,000
Mike Carson	$ 4,800

a) $7,296 b) $7,200 c) $7,300 d) $7,396