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 ($4,100 a year). The current value of the Roth IRA is $20,250. In the current year, Sherry withdraws $17,900 of the account balance to purchase a car. Assuming Sherry's marginal tax rate is 24 percent, how much of the $17,900 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