Jasper, age $35,$ converted a $$80,000$ traditional IRA to a Roth IRA last year. His adjusted basis in the

traditional IRA is $$20,000.$ He also contributed $$5,000$ to the same Roth IRA last year. Jasper has a

combined marginal tax rate of $30\%.$ If he takes a $$4,000$ distribution from his Roth IRA this year $(2024),$

how much total federal tax, including penalties, will be due as a result of the distribution? a$.$

$$0$

b$.$

$$1,200$

c$.$

$$400$

d$.$

$$1,600$