Question 27 (2 points) Zach, age 62, retires and receives $1,000 per month until he dies from an annuity he purchased. Zach made $65,000 of after-tax contributions over a 10 year period to the plan prior to his retirement. What is the amount includable in income in the first year of withdrawals assuming 12 monthly payments? a) $2,600 b) $3,000 c) $12,000 d) $9,000 e) none of the above Question 28 (2 points) Elisa sued her former employer for discrimination. She was awarded $200,000 for lost wages, $20,000 for medical expenses related to emotional distress resulting from the discrimination, and $100,000 in punitive damages. The amount taxable is a) $0 b) $100,000 c) $300,000 d) $325,000 e) none of the above