Harriet, age $60,$ has been contributing $$5,000$ annually to her Roth IRA for the past seven years. What are the tax consequences if she takes a $$5,000$ withdrawal from her Roth IRA to pay for a luxury cruise if she had never previously taken a withdrawal?

a$.$ Only the interest portion of the withdrawal is taxable.

b$.$ Both the principal and interest are taxable.

c$.$ None of the withdrawal is taxable.

d$.$ The entire withdrawal is taxable because it does not fall within one of the permitted exceptions.