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Corrine, a 6 3 - year - old widow, withdrew $ 5 , 0 0 0 from her traditional IRA in 2 0 2 3

Corrine, a 63-year-old widow, withdrew $5,000 from her traditional IRA in 2023. She made a $1,000 nondeductible contribution
in 2004, which represents her total basis in all her traditional IRAs at the end of the year. Corrine had not contributed to any
retirement account in several years. The total value of all her traditional IRAs was $95,000 as of December 31,2023. She has
never converted funds from a Roth or any other IRA.
What would be the taxable amount of Corrine's IRA distribution?
2
$1,000
$3,000
$4,950
$5,000
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