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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
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.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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Yoko900Yoko900
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7 years ago
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Sheena M. Author
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7 years ago
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