Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $14,700 to the Roth IRA ($4,900 a year). The current value of the Roth IRA is $21,100. In the current year, Sherry withdraws $18,800 of the account balance to purchase a car. Assuming Sherry's marginal tax rate is 24 percent, how much of the $18,800 withdrawal will she retain after taxes to fund her car purchase? Amount of withdrawal I+ Non-taxable amount Amount subject to tax $ 0 Tax rate Penalty rate Tax Penalty After tax withdrawal retained % %