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John Smith received a scholarship($24,000) from a University He used the scholarship as follows: Tuition 15,000 5,000 Computer Books and Supplies 4,000 Determine the tax

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John Smith received a scholarship($24,000) from a University He used the scholarship as follows: Tuition 15,000 5,000 Computer Books and Supplies 4,000 Determine the tax effects of the scholarship on John

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