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Adrian was awarded an academic scholarship to State University for the 20222023 academic year. He...

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Accounting

Adrian was awarded an academic scholarship to State University for the 20222023 academic year. He received $6,500 in August and $7,200 in December 2022. Adrian had enough personal savings to pay all expenses as they came due. Adrians expenditures for the relevant period were as follows:

Determine the effect on Adrians gross income for 2022 and 2023.

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