Required information Problem 6.59 (LO 6-4) (Static) [The following information applies to the questions displayed below] George (oge 42 at year-end) has been contributing to a traditional IRA for years (all deductible contributions), and his IRA is now worth $25,000. He is planning on converting the entire balance to a Roth IRA account George's marginal tax rate is 24 percent. Note: Leave no answers blank. Enter zero if applicable. Problem 6.59 Part b (Static) What are the tax consequences to George if he takes $25,000 out of the uaditional IRA, pays the taxes due from the traditional IRA listribution, and contributes what's left from the distribution to the Roth IRA one week after receiving the distribution