Norris Co. has a contract with its president to pay her 5% bonus for 2006. The federal income tax rate is 30%. In 2006, income before deductions for the bonus and federal income taxes was $300,000. If the bonus is based on income before deduction of the bonus but after deduction of income tax, the bonus (to the nearest dollar) is....

A. $10,660

B. $10,500

C. $10,345

D. $15,000

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