Jimmer hs contributed $15,000 to his Roth IRA and the balance in the account is $18,000. In the current year, Jimmer withdrew $17,500 for the Roth IRA to pay for a new car Jimmer opened the Roth account 76 months before he made the withdrawal and Jimmer is 62 years of age. If Jimmers marginal ordinary income tax rate is 25 percent what amount of tax and penalty, if any is Jimmer required to pay on the withdrawal?