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At the end of 2014, Erin was 74 years old and her traditional IRA had a balance of $300,000. She properly withdrew $12,605 from her

At the end of 2014, Erin was 74 years old and her traditional IRA had a balance of $300,000. She properly withdrew $12,605 from her IRA in 2015, which was the first year she took a withdrawal. In 2015, her IRA assets earned $37,500. What amount must Erin take as a distribution from her IRA in 2016?

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