In 2022, Mary and Ed's adjusted gross income will be $114,000. Mary is an active participant in her employer's qualified retirement plan, but Ed is not. They are joint tax filers, and they each make the maximum $6,000 IRA contribution for their ages (48 and 46). How much of their combined contribution will be deductible?

A)

$6,000

B)

$10,500

C)

$12,000

D)

$4,500