Exercise $9-2($LO$.1)$

Sally was an all$-$state soccer player during her junior and senior years in high school. She accepted an athletic scholarship from State University. The scholarship provided the following:

Tuition and fees$$15,000$Housing and meals$$6,000$Books and supplies$$1,500$Transportation$$1,200$

Determine the effect of the scholarship on Sally's gross income.

$$Included in$/$Excluded from

IncomeTuition and fees

Included inExcluded from

Housing and meals

Included inExcluded from

Books and supplies

Included inExcluded from

Transportation

Included inExcluded from