Lisa, age 45, needed some cash so she withdrew $53,000 from her Roth IRA. At the time of the distribution, the balance in the Roth IRA was $200,000. Lisa established the Roth IRA 10 years ago. Over the years, she has contributed $20,600 to her account. What amount of the distribution is taxable and subject to early distribution penalty?

Multiple Choice

• $32,400.
• $53,000.
• $5,300.
• $0.