Reference no: EM132584474
a. Larry was given a $1,500 tuition scholarship to attend Eastern Law School. In? addition, Eastern paid Larry $4,000 per year to work? part-time in the campus bookstore.
b. Marty received a $10,000 football scholarship for attending Northern University. The scholarship covered? tuition, room and? board, laundry, and books. Four thousand dollars of the scholarship was designated for room and board and laundry. It was understood that Marty would participate in the? school's intercollegiate football? program, but Marty was not required to do so.
c. Western School of Nursing requires all? third-year students to work twenty hours per week at an affiliated hospital. Each student is paid $10 per hour. Nancy?, a? third-year student, earned $10,000 during the year.
Question 1: The amount of tuition scholarship that Larry must include in his gross income is
Question 2: The amount of wages from the campus bookstore that Larry must include in his gross income is