Sherry, who is 52 years of age, opened a Roth IRA three years ago. She has contributed a total of $12,900 to the Roth IRA ($4,300 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 0 Tax rate Penalty rate Tax Penalty After tax withdrawal retained