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

The Rector Corporation maintains a SIMPLE-IRA retirement plan for its employees. The company has notified its employees that in 2018 it will fund the SIMPLE-IRA by matching an employee's contribution up to a maximum of 2% of the employee's salary. Avis' salary in 2018 is $240,000 and she contributes $2,800 to the plan. What amount must Avis contribute on Andorra's behalf?

A) $2,800
B) $3,000
C) $3,400
D) $4,800
E) $4,900