AMC8 1996 Problem 23

The manager of a company planned to distribute a \$ 50 bonus to each employee from the company fund, but the fund contained \$ 5 less than what was needed. Instead the manager gave each employee a \$ 45 bonus and kept the remaining \$ 95 in the company fund. The amount of money in the company fund before any bonuses were paid was

Answer Choices
A. \$ 945
B. \$ 950
C. \$ 955
D. \$ 990
E. \$ 995