SJ, Inc. covered the following employees under a qualified plan. 1. Joan, a 9% owner and employee with compensation of $30,000. 2. Lind, a commissioned salesperson with compensation of $160,000 last year (in the top 20% of paid employees). 3. Reilly, the chief operating officer, who had compensation of $185,000 last year but was not in the top 20% of paid employees. 4. Garner, the president, who was in the top 20% of paid employees with compensation of $195,000. Assuming the company made the 20% election when determining who is highly compensated, which of the following statements is correct? Use 2023 levels for determining highly compensated and key employees. a. Exactly two people are highly compensated. b. Exactly three people are key employees. c. Reilly is neither highly compensated nor a key employee. d. Lind is a key employee but is not highly compensated