Mary, who turned age 72 this year, owns 12% of Apex Company. She has accumulated $5 million in her qualified plan account as of December 31 of the previous year and $5.5 million as of December 31 of the current year. Distribution period for age 72 is 25.6. a.Calculate Mary's RMD for the current tax year (show step-be-step calculation) (10 points) b.If Mary receives a distribution of $150,000 during the current year, calculate her income tax penalty when she files her income tax return for the current year (10 points) c.If Mary takes her required distribution by April 1 of the next year, she will not be required to take any other distribution next year. Is this a correct statement? Why or why not? (10 points)