Option \#2- Last names beginning with D through F Cathy Mathews is a full-time college student in her senior year at Ohio State. She is considered brilliant and has received a $35,000 per year scholarship. In the current year, Cathy pays the following amounts to Ohio State: - Tuition \$26,000 - Required Lab Fees $300 - Required Books and Supplies $1,000 - Room and Board \$7,500 Prepare a tax research memo to inform Cathy of the tax consequences of the $35,000 received this year (i.e., how much of the scholarship is taxable income and why)? Option \#2- Last names beginning with D through F Cathy Mathews is a full-time college student in her senior year at Ohio State. She is considered brilliant and has received a $35,000 per year scholarship. In the current year, Cathy pays the following amounts to Ohio State: - Tuition \$26,000 - Required Lab Fees $300 - Required Books and Supplies $1,000 - Room and Board \$7,500 Prepare a tax research memo to inform Cathy of the tax consequences of the $35,000 received this year (i.e., how much of the scholarship is taxable income and why)