Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $13,800 to the Roth IRA ($4,600 a year). The current value of the Roth IRA is $21,700. In the current year, Sherry withdraws $19,400 of the account balance to purchase a car. Assuming Sherry's marginal tax rate is 24 percent, how much of the $19,400 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