$!$

Required information

$[$The following information applies to the questions displayed below.$]$

In $2023,$ Nina contributes $10$ percent of her $$100,000$ annual salary to her $401(k)$ account. She expects to earn a $7$ percent before$-$tax rate of return. Assume she leaves the funds in the account until she retires in $25$ years when she receives a distribution of the $2023$ contribution and its associated earnings. What would be the after$-$tax proceeds of the distribution?

Note: Round your intermediate calculations and final answers to the nearest whole dollar amount.

c$.$ Assume Nina's marginal tax rate at retirement is $40$ percent.

After tax proceeds from distribution