Tim has worked for one employer his entire career. While he was working, he participated in the employer's defined contribution plan $[$traditional $401($k$)].$ At the end of $2023,$ Tim retires. The balance in his defined contribution plan at the end of $2022$ was $$2,000,000.($Use Exhibit $13-3.)$

Note: Leave no answers blank. Enter zero if applicable.

d$.$ Assuming that Tim is $76$ years old at the end of $2023$ and his marginal tax rate is $32$ percent, what amount of his distribution will he have remaining after taxes if he receives only a distribution of $$50,000$ for $2023?$EXHIBIT $13-3$ Abbreviated Uniform Lifetime Table for Distributions

Age of Participant Distribution Period Applicable Percentage$*$

$7227\mathrm{.}43\mathrm{.}65$

$7326\mathrm{.}53\mathrm{.}77$

$7425\mathrm{.}53\mathrm{.}92$

$7524\mathrm{.}64\mathrm{.}07$

$7623\mathrm{.}74\mathrm{.}22$

$7722\mathrm{.}94\mathrm{.}37$

$7822\mathrm{.}04\mathrm{.}55$