Required information [The following information applies to the questions displayed below.] George (age 42 at year-end) has been contributing to a traditional IRA for years (all deductible contributions), and his IRA is now worth $25,000. He is planning on converting the entire balance to a Roth IRA account. George's marginal tax rate is 24 percent. Note: Leave no answer blank. Enter zero if applicable. What are the tax consequences to George if he takes $25,000 out of the traditional IRA, keeps $10,000 to pay taxes and to make own payment on a new car, and contributes what's left from the distribution to the Roth IRA one week after receiving the distribution