Question

Ms. Queen, age 21, is a full-time college student with an athletic scholarship that provides the...

Ms. Queen, age 21, is a full-time college student with an athletic scholarship that provides the following annual benefits:

Tuition payment $ 13,100

Fees and books 3,725

Room and board 10,375

Ms. Queen works in the athletic department as a trainer for a $4,350 salary. She also receives a $6,180 annual allowance from her grandmother. Compute Ms. Queen’s AGI.

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Answer #1

Ms. Queen's AGI

= Scholarship allowance for Room and board + Salary

= 10,375+4,350

= 14,725

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