Question: Using the simplified method, determine the tax - free amount of the following distributions from a qualified pension plan. Individual contributions, if any, are made

Using the simplified method, determine the tax-free amount of the following distributions from a qualified pension plan. Individual
contributions, if any, are made with previously taxed dollars. Use monthly_payments table.
Required:
a. Person A, age 64, made no contributions to the pension plan and will receive a $1,200 monthly check for life.
b. Person B, age 69, made contributions of $30,000 to the pension plan and will receive a monthly check of $2,700 for life.
Note: Round your answer to 2 decimal places.
c. Person C, age 73, made contributions of $28,000 to the pension plan and will receive monthly payments of $2,300 over her life and
the life of her 76-year-old husband.
Note: Round your answer to 2 decimal places.
d. Person D, age 72, made contributions of $41,000 to the pension plan. He will receive quarterly payments of $5,300 over his life and
the life of his 75-year-old wife.
Note: Round your answer to 2 decimal places. the monthly payments tables goes like: Age of the Individual Number of Anticipated Monthly Payments
55 or under 360
5660310
6165260
6670210
71 or over 16059
Combined Ages of the Individuals Number of Anticipated Monthly Payments
110 or under 410
111120360
121130310
131140260
141 or over 210 to the power of 60
 Using the simplified method, determine the tax-free amount of the following

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