James has earned $60,000 annually for the past three years working at ABC Incorporated Under ABC 's defined benefit plan (which uses a 7.year graded vesting schedule) employees eam a benefit equal to 4 percent for every year of service, of the average salary for their three highest full years of compensation with ABC. James has worked for five full years for ABC and his vesting percentage (bosed on the 7-year graded vesting schedule) is 60 percent. What is James's vested benefit (or annual retirement benefit he has eamed so tar)? Multiple Choice so $3,600 54,320 37200