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Complete the problems. 1. May Kawasaki is 72 and has an IRA with a fair market value of $98,000. a) Use the Uniform Life Table

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Complete the problems. 1. May Kawasaki is 72 and has an IRA with a fair market value of $98,000. a) Use the Uniform Life Table on p. 45 to determine her required minimum distribution. b) What penalty would she incur if she fniled to take the distribution? c) What penalty would she have paid if she had made an early withdrawal of $10,000 to take a vacation

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