Tim has worked for one employer his entire career. While he was working, he participated in the employer's defined contribution plan [traditional 401(k). At the end of 2018, Tim retires. The balance in his defined contribution plan is $2,000,000 at the end of 2017. (Use Exhibit 13-3.) (Leave no answer blank. Enter zero if applicable.) Problem 13-52 Part d d. Assuming that Tim is 75 years old at the end of 2018 and his marginal tax rate is 32 percent, what amount of his distribution will he have remaining after taxes if he receives only a distribution of $50,000 for 2018? After tax amount Abbreviated Uniform Lifetime Table EXHIBIT 13-3 Applicable Percentage 3.65% 3.77 3.91 4.05 4.20 4.37 4.54 4.72 Distribution Period Age of Participant 27.4 26.5 25.6 24.7 23.8 22.9 22.0 21.2 70 71 72 73 74 75 76 The applicable percentage is calculated by dividing 1 by the relevant distribution perlod