52. Rachel, age 42, established a Roth IRA and contributed $6,000 per year for 20 years. Assume the account balance is $300,000 ($120,000 contributions, $180,000 earnings). Rachel plans to withdraw the entire amount. Her marginal tax rate is 24 percent. How much tax would be paid as a result of this decision? 53. On March 1 of the current year, Tiny Inc., grants Tim a nonqualified stock option to acquire 1,000 shares of the company's stock for $12 per share. The fair market price of the stock on the date of grant is $15. The option does not have a readily ascertainable fair market value. On June 1 of the current year, when the fair market value of the stock is $18, Tim exercises the stock option. Determine the tax consequences to Tim and Tiny Inc., on the grant date of the option and the exercise date