The Academy, a private college, provided tuition waivers of $500,000. Of the amount $200,000 was for students teaching courses as graduate assistants and $300,000 was simply an award for scholastic accomplishments. Another $100,000 was given is tuition refunds. What amount would The Academy record as Tuition and Fees Discounts and Allowances?
A) $600,000.
B) $500,000.
C) $400,000.
D) $300,000.

Question

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The Answer of The Academy, a private college, provided tuition waivers of $500,000. Of the amount $200,000 was for students teaching courses as graduate assistants and $300,000 was simply an award for scholastic accomplishments. Another $100,000 was given is tuition refunds. What amount would The Academy record as Tuition and Fees Discounts and Allowances?
A) $600,000.
B) $500,000.
C) $400,000.
D) $300,000.

The Academy, a Private College, Provided Tuition Waivers of $500,000