Roland Carlow, age 21, is a full-time student at Morgan State University and a candidate...

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Accounting

  1. Roland Carlow, age 21, is a full-time student at Morgan State University and a candidate for a bachelors degree. During 2019, Roland received the following payments:

Private scholarship for tuition $9,600

Loan from financial aid office $7,200

Cash withdrawn from a qualified tuition program to pay tuition $10,500

Cash dividends on qualified investments $185

Cash prize award in contest $1,400

What is Rolands adjusted gross income?

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