The Holden Corporation Maintains a SIMPLE-IRA Retirement Plan for Its

The Holden Corporation maintains a SIMPLE-IRA retirement plan for its employees. The company has notified its employees that for 2014 it will fund the SIMPLE-IRA by matching an employee's contribution up to a maximum of 3% of the employee's salary. Harrison's salary in 2014 is $50,000 and he contributed $2,000 to the plan. What amount must Holden contribute on Harrison's behalf?

A) $-0-
B) $600
C) $1,500
D) $2,000
E) $4,600