Question: solve this Chrome File e Edit View History Bookmarks Profiles Tab Window Help O Q Sun May 18 6:53 PM D2L Final Exam - Part

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Chrome File e Edit View History Bookmarks Profiles Tab Window Help O Q Sun May 18 6:53 PM D2L Final Exam - Part 2 - 2025SP- x Question 26 - Final Exam - Pa x Dashboard X + o ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fconnect.mheducation.... P New Chrome available : All Bookmarks Final Exam - Part 2 i Saved Help Save Exit Submit Tyson (48 years old) owns a traditional IRA with a current balance of $50,000. The balance consists of $30,000 of deductible contributions and $20,000 of account earnings. Convinced that his marginal tax rate will increase in the future, Tyson receives a distribution of the entire $50,000 balance of his 26 traditional IRA and he immediately contributes the $50,000 to a Roth IRA. Assuming his marginal tax rate is 25 percent, what amount of penalty, if any, must Tyson pay on the distribution from the traditional IRA? Multiple Choice O $0 O $1,250 O $3,750 O $5,000 Mc Graw Hill MAY 18 OT

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