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Ellie purchases an insurance policyarrod receives a scholarship of $ 1 8 , 5 0 0 from East State University to be used to pursue

Ellie purchases an insurance policyarrod receives a scholarship of $18,500 from East State University to be used to pursue a bachelors degree. He spends $12,000 on tuition, $1,500 on books and supplies, $4,000 for room and board, and $1,000 for personal expenses. How much may Jarrod exclude from his gross income? y

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