Claire is a self-employed individual who owns and runs Claire’s Creations LLC. In 20X14 she had $225,000 in net self-employment earnings, including a deduction for 50% of the self-employment tax, prior to any Keogh deduction. Claire has a defined contribution stock bonus Keogh plan. What is the highest deductible Keogh contribution Claire can make for the 20X14 tax year? Assume no excess contribution carryover from prior years.

a. $56,250

b. $225,000

c. $52,000

d. $45,000