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A Public College Had Tuition and Fees of $21,000,000

Question 107

Multiple Choice

A public college had tuition and fees of $21,000,000. Scholarships, for which no services were required, amounted to $2,500,000. Graduate assistantships, for which services were required, amounted to $1,600,000. The amount to be reported by the public college as net tuition and fees would be:


A) $21,000,000.
B) $19,400,000.
C) $18,500,000.
D) $16,900,000.

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