Ranjeets pay period is bi-weekly. His annual salary is $48,000. Calculate his pay period CPP deduction for 2017 assuming that the maximum pensionable earning for 2017 is $55,300; the basic annual exemption was $3,500 and the CPP rate for 2017 was 4.95%:

(A) $1,846.16

(B) $ 98.62

(C) $ 134.62

(D) $ 84.72