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Flat Rock college is a not-for-profit entity. It assessed its students $5,000,000 for tuition and fees. Flat Rock also provided $120,000 for scholarships, $80,000 for

Flat Rock college is a not-for-profit entity. It assessed its students $5,000,000 for tuition and fees. Flat Rock also provided $120,000 for scholarships, $80,000 for fellowships, and $100,000 for tuition waivers. What should Flat Rock report as its total revenue from tuition and fees?

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