Question
Emily is an electrical engineering student at the University of Free state. She received a scholarship in the amount of $30,000. She used the scholarship
Emily is an electrical engineering student at the University of Free state. She received a scholarship in the amount of $30,000. She used the scholarship funds to pay $10,000 in tuition, $17,500 in room and board, $1,000 in books that were listed as required on her course syllabuses, and $1,500 for a high-tech meter that was not required by the university but will be very helpful for her studies. How much does Emily include in gross income?
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Authors: Thomas Garman, Raymond Forgue
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9781305176409, 1133595839, 1305176405, 978-1133595830
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