Ester Is Employed by Montgomery Enterprises and Will Retire at the End

Multiple Choice

Ester is employed by Montgomery Enterprises and will retire at the end of the current year after 22 years of service. Under the company's defined benefit plan, she can retire at 80% of the average of her three highest consecutive years' salary. Her average salary over these three years is $80,000. What is the maximum amount Ester can receive from Montgomery's pension plan?

A) $35,000
B) $64,000
C) $80,000
D) $100,000
E) $125,000