Filomena is 37 years old and has a $600,000 whole life insurance policy. Her partner convinced her to purchase a second home in Italy. As he didn't have all the funds available, she took out a loan from her life insurance policy to make up the difference. The loan total was $220,000. At the time her adjusted cost basis for her cash surrender value was $185,000. In total, her loan made up for approximately 80% of her cash surrender value. Filomena has a marginal tax rate of 40% How much taxes would Filomena have to pay the year she took out this loan