Question: answer with explanation please. . 2. Joe has been working for Company A for a total of four years. Company A offers Joe a 401(k)

answer with explanation please.

. 2. Joe has been working for Company A for a total of four years. Company A offers Joe a 401(k) plan. At the end of the fourth year of working at Company A, Joe leaves and begins working for another employer - Company B. Company B also offers a 401(k) plan. When Joe leaves Company A, his 401(k)-account balance is $ 56,000, of which: Company A's contribution = $40,000 Joe's contribution = $10,000 Interest earnings = $6,000. Upon leaving Company A, how much of the 401(k)-account balance can Joe take with him at a minimum? [3 points) . a

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