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Question - Arthur, age 19, is a full-time student at Gordon College and is a candidate for a bachelor's degree. During 2015, he received the following amounts:
Tuition scholarship $2,400
Loan from college financial aid office $1,000
Cash support from parents $2,000
Ordinary cash dividend $ 200
Cash prize awarded in contest $ 300
What is his adjusted gross income for 2015?
a. $500
b. $2,300
c. $2,500
d. None of the above
e. $300
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