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Sarah Receives a $15,000 Scholarship from City University

Question 60

Multiple Choice

Sarah receives a $15,000 scholarship from City University.The university specifies that $8,000 is for tuition,books,supplies,and equipment for classes.The other $7,000 is for room and board.Sarah works ten hours per week as a grader,for which she is paid $7,500 for the year.Of the total amount received,Sarah must include the following amount in gross income


A) $7,000.
B) $7,500.
C) $14,500.
D) $22,500.

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