A Public College Had Tuition and Fees for the Year

A public college had tuition and fees for the year ended June 30, 2009 in the amount of $45,000,000. Scholarships, for which no services were required, amounted to $2,500,000. Graduate assistantships, for which services were required, amounted to $2,300,000. The amount to be reported by the college for net tuition and fee revenue would be:

A) $40,200,000
B) $42,700,000
C) $42,500,000
D) $45,000,000