Serena, who is currently age 48, made only one contribution to her Roth IRA in the amount of $5,000 six years ago. If she were to receive a total distribution of $6,500 from her Roth IRA this year to take a vacation, how would she be taxed? a. Because Serena waited more than five years, the distribution will be classified as a qualified distribution and will not be taxable, but will be subject to the 10% early distribution penalty. b. The distribution will not be classified as a qualified distribution, it will be taxable to the extent of earnings, and it will be subject to the 10% early distribution penalty on the taxable amount. c. The distribution will not be classified as a qualified distribution and will be fully taxable and will be subject to the 10% early distribution penalty. d. Because Serena waited at least five years, the distribution will be classified as a qualified distribution and will not be taxable or subject to the 10% early distribution penalty