Question: Exercise 5 - 2 6 ( Algorithmic ) ( LO . 1 , 2 ) Jarrod receives a scholarship of $ 1 9 , 0

Exercise 5-26(Algorithmic)(LO.1,2)
Jarrod receives a scholarship of $19,000 from East State University to be used to pursue a bachelor's degree. He spends $11,400 on tuition, $950 on books and supplies, $3,800 for room and board, and $2,850 for personal expenses.
How much may Jarrod exclude from his gross income?
Exercise 5 - 2 6 ( Algorithmic ) ( LO . 1 , 2 )

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