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Required information Problem 13-53 (LO 13-2) (Static) [The following information applies to the questions displayed below.] 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 2020, Tim retires. The balance in his defined contribution plan is $2,000,000 at the end of 2019. (Use Exhibit 13-3.) (Leave no answer blank. Enter zero if applicable.) Problem 13-53 Part c (Static) c. What is Tim's required minimum distribution for 2020 that must be distributed in 2021 if he turns 75 years old in 2020? Minimum required distribution