Even at 68 years of age, John has no intention of retiring or commencing his Canada Pension Plan retirement benefits. If his employment income is $68,000, the YMPE is $55,300 and contribution rates of 4.95%, and John continues to work, how much will he have to pay in CPP premiums this year?

a) $0

b) $2,564.10

c) $2,737.35

d) $3,192.75