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All the following employees are considered highly compensated employees in the following year EXCEPT

A. Cathy Carr, a 2 percent owner who earns $125,000

B. Bill James, a 10 percent owner

C. Jane Johnson, who earns $75,000 and is the second highest paid employee in a 25-person law firm

D. Jason Smathers, an officer earning $130,000 whose compensation is in the top 20 percent of all employees

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