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Hope Receives an $18,500 Scholarship from State University

Question 54

Multiple Choice

Hope receives an $18,500 scholarship from State University.The university specifies that $8,500 is for tuition,books,supplies,and equipment,while $10,000 is for room and board.In addition,Hope works part-time at the campus library and earns $5,000.Hope's gross income is


A) $5,000.
B) $15,000.
C) $18,500.
D) $23,500.

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