Required information [The following information applies to the questions displayed below.] In 2021, Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditional IRA account. The balance of his IRA account is $220,000 (before reducing it for withdrawals/distributions described below). Over the years, Rashaun has contributed $60,500 to the IRA. Of his $60,500 contributions, $44,000 was nondeductible and $16,500 was deductible. Assume Rashaun did not make any contributions to the account during 2021. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) . If Rashaun currently withdraws $70,000 from the IRA, how much tax will he be required to pay on the withdrawal if his marginal tax rate is 28 percent