If a lump sum distribution is taken from a post-August 13, 1982, nonqualified annuity, then O A) the earnings portion of the annuity is taxed first, followed by recovery of the basis O B) a percentage of the basis (after-tax contribution) is withdrawn tax free first, followed by a percentage of the earnings being taxed C) the earnings portion of the annuity is taxed first, followed by recovery of 50% of the basis OD) the entire basis (after-tax contribution) is withdrawn tax free first, followed by the earnings portion being taxed