Mike just celebrated his 80^th birthday last week (September 2021). His 401(k) account balance on his 80^th birthday was $268,000. His 401(k) account balance at the end of last year was $225,000. (a) Compute the amount of Mikes RMD for the year 2021. (b) If Mike withdraws $8,500 from this 401(k) account in 2021, how much will be the tax penalty from the IRS in 2021? Show your work.