Wolfe turned 78 years old on February 5th this year. He is meeting with his financial planner

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Question:

Wolfe turned 78 years old on February 5th this year. He is meeting with his financial planner today to discuss his withdrawal from his LIF. The current balance of his LIF is $365,500 and on January 1st of this year is was valued at $360,913. What is maximum amount that Wolfe can withdraw from his LIF this year? The required rates are listed by age below. Round your answer to the nearest dollar.

Age Percentage
76 7.884
77 8.4316
78 9.0657
79 9.8154