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Darren, a full-time student at State University, received a $12,000 scholarship for the year. His Tuition and Fees totaled $6,000, and books totaled $2000 for
Darren, a full-time student at State University, received a $12,000 scholarship for the year. His Tuition and Fees totaled $6,000, and books totaled $2000 for the year. The remaining $4,000 he spent on Room and Board.
What amount of the scholarship receipts is gross income?
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