Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $12,300 to the Roth IRA ($4100 a year). The current value of the Roth IRA is $17,600. In the current year, Sherry withdraws $15,300 of the account balance to purchase a car. Assuming Sherry's marginal tax rate is 24 percent, how much of the $15,300 withdrawal will she retain after taxes to fund her car purchase? Amount of withdrawal Non-taxable amount Amount subject to tax Tax rate Penalty rate Tax Penalty After tax withdrawal retained