An employee makes $115,000 per year and saves 7% of his/her salary in the company's 401- K plan. The company matches 4% of the salary when the employee saves up to 5%. Further, the employee pays $2,000 per year in health insurance premiums for a family health insurance plan from the employer. What will be the W-2 compensation for this employee? O $115,000 O $109,550 O $109,600 $104,950

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