Exercise 10-3 (Algorithmic) (LO. 1) Jarrod receives a scholarship of $37,000 from East State University to be used to pursue a bachelor's degree. He spends $22,200 on tuition, $1,850 on books and supplies, $7,400 for room and board, and $5,550 for personal expenses. Which of these amounts, if any, may Jarrod exclude from his gross income? Exercise 10-3 (Algorithmic) (LO. 1) Jarrod receives a scholarship of $37,000 from East State University to be used to pursue a bachelor's degree. He spends $22,200 on tuition, $1,850 on books and supplies, $7,400 for room and board, and $5,550 for personal expenses. Which of these amounts, if any, may Jarrod exclude from his gross income?