Jane Has Compiled the Following List of Expenses After Completing

Essay

Jane has compiled the following list of expenses after completing one year of college. Assume that Jane would be living with her parents and working if she weren't attending college. Use this information to calculate Jane's economic cost of attending college for one year.
$$\begin{array} { l r } \text { Tuition } & \$ , 000 \\\text { Dormitory room } & 4,000 \\\text { Books and supplies } & 1,000 \\\text { Food plan } & 3,000 \\\text { Forgone income } & 19,000 \\\text { Entertainment expenses } & 1,000 \\\text { Clothing } & 2,000 \\\text { Health insurance } & 1,000\end{array}$$