Over the past three years, Sherry has contributed a total of $17,100 to a Roth IRA account ($5700 a year). The current value of the Roth IRA is $25,200. In the current year, Sherry withdraws $22,900 of the account balance to purchase a car. Assuming Sherry (currently age 52) is in the 24 percent marginal tax bracket, how much of the $22,900 withdrawal will she retain after taxes to fund her car purchase? Amount of withdrawal Non-taxable contributions Amount subject to tax Tax rate Penalty rate |x % Penalty After tax withdrawal retained