Sid has just started a new job and discovers that his employer offers a 401(k) savings plan. Employees are eligible to contribute up to 15% of their pre-tax pay but can contribute less. As an employee benefit, the company will make a matching contribution of 50% on the first 6% of employee contributions (i.e., if the employee contributes 6% pre-tax, the company will contribute 3% as a match.) Sid earns $85,000 pre-tax. He decides to contribute just enough to get the full company matching contribution. How much will Sid contribute in the first year? How much will the company contribute as a match?