UPDATED FOR $2025$:

Padma, age $35,$ works full time at Benny's Bakery where she earns $$85,000.$ Padma contributes $7\%$ of her salary to the company's $401(k)$ plan and receives a dollar$-$for$-$dollar match in $2025.$ Padma also works part time as a self$-$employed independent contractor futoring high school students, earning net self$-$employment income of $$100,000$ in $2025.$ When preparing her $2025$ taxes in $2026,$ Padma's accountant advises her to establish a solo $401(k)$ for her tutoring business. Which of the following statements correctly reflects the amount of the employee contribution Padma may make to the solo $401(k)$ for the $2025$ plan year $($for simplicity, assume the employer contribution based on $$100,000$ of net self$-$employment income is $$18,500)?$

$$ $$0.$

$$5,000.$

$$17,550.$

$$23,500.$