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! Required information Problem 5-63 (LO 5-3) (Algo) (The following information applies to the questions displayed below.) For each of the following situations, indicate how
! Required information Problem 5-63 (LO 5-3) (Algo) (The following information applies to the questions displayed below.) For each of the following situations, indicate how much the taxpayer is required to include in gross income: (Leave no answer blank. Enter zero if applicable.) Problem 5-63 Part-a (Algo) a. Steve was awarded a $8,750 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees. Amount to be included in gross income $ | Problem 5-63 Part-b (Algo) b. Hal was awarded a $21,000 scholarship to attend State Hotel School. All scholarship students must work 30 hours per week at the School residency during the term. Amount to be included in gross income
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