AMC 12 2008b Problem 3

A semipro baseball league has teams with $21$ players each. League rules state that a player must be paid at least $15,000$ dollars, and that the total of all players' salaries for each team cannot exceed $700,000$ dollars. What is the maximum possible salary, in dollars, for a single player?

\textbf{(A)}\ 270,000 \textbf{(B)}\ 385,000 \textbf{(C)}\ 400,000 \textbf{(D)}\ 430,000 \textbf{(E)}\ 700,000