Felicia is a single taxpayer who retired from her job as a sales executive wit Waynesville Associates, LLC. During 2019, she turns 701/2 and begins withdrawing the $320,000 in assets (balance as of December 31, 2018) in her pension account. Her pension plan is a qualified noncontributory plan.

a. What is the required minimum distribution that Felicia must take?

b. Assume that the pension plan account balance on December 31, 2019, is $301,000. What is Felicia’s minimum required distribution for 2020?