Lee's employer has a 401(k) plan with a matching contribution. Employees who contribute to the 401(k) receive a 50% matching contribution from the employer up to a maximum employer contribution of 6% of salary.

Lee elects to defer 15% of his $100,000 salary to his employer's 401(k) retirement plan. Given the numbers above, total contributions to Lee's retirement fund over the next 12 months will be:

• A.

  $15,000.

• B.

  $21,000.

• C.

  $22,500.