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Question 24 2.5 pts A government university's tuition and fees at the standard rates are $20 million. Scholarship allowances of $1,500,000 are granted to students

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Question 24 2.5 pts A government university's tuition and fees at the standard rates are $20 million. Scholarship allowances of $1,500,000 are granted to students by the university and tuition waivers for employees (considered compensation) granted under the university's tuition waiver policy are $100,000. Uncollectible accounts are expected to equal $150,000. The amount of tuition and fees revenues that the university should report is: $18,500,000. $18,350,000. $18,250,000. $20,000,000

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