Question 9 Sunny contributes 15% of his $70,000 salary to a Traditional 401(k). His employer, ABC Corp., matches 75% of his contributions up to 10% of his contribution. He average tax rate is 13% and his marginal tax rate is 20%. How much is the total contribution to his 401(k) (include both his and the company's contribution) and how much would he save in taxes in the year of the contribution? OA. The total contribution is $18,000 and the tax savings is $2,100 OB. The total contribution is $15,750 and the tax savings is $1,365 OC. The total contribution is $15,750 and the tax savings is $3,150 O D. The total contribution is $18,000 and the tax savings is $1,365 O E. The total contribution is $18,000 and the tax savings is $3,600 OF. The total contribution is $15,750 and the tax savings is $2,100