Robert received a $20,000 academic scholarship this year to attend the University of Alabama. Robert...

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Accounting

Robert received a $20,000 academic scholarship this year to attend the University of Alabama. Robert used $10,000 of the scholarship funds for tuition and fees, $2,000 for books, and $5,000 to pay for his dorm room and campus meal plan. How much of the scholarship must Robert include in his gross income for tax purposes?

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