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Retirement Account Withdrawal. In need of extra cash, Troy and Lilly decide to withdraw 35.000 from ineif Iradtional IRA. They are both 40 years old

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Retirement Account Withdrawal. In need of extra cash, Troy and Lilly decide to withdraw 35.000 from ineif Iradtional IRA. They are both 40 years old They are in a 32% marginal tax bracket. What will be the tixx consequences of this withdrawa? (Mote: Assume a penaty of tonv of the withelr awn funds.). The tax consequences of this withdrawal will bel (Round to the nearest dovlar.)

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