Mark is single and must start taking distributions from his traditional IRA beginning April 1, 2018. At the end of 2017 when Mark was 71 years old, the IRA had a balance of $110,000. What amount must Mark take as a distribution from the IRA by April 1, 2018?
A. $4,297.
B. $7,190.
C. $4,151.
D. $6,748.
Answer: C
Business
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