Mr. Wells runs a telecommunications company. While going through the company's project records, he found that there were 8 engineers under every team leader and 5 project managers for every 50 engineers. Mr. Wells currently employs 15 team leaders.

How many project managers are employed by Mr. Wells?
A.
12 project managers
B.
16 project managers
C.
24 project managers
D.
32 project managers