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Calculate the amount to be reported by the public college

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Question - Highlands College is a public college which received tuition and fees of $21,000,000. The college also awarded scholarships, for which no services were required, amounting to $2,500,000. In addition, the college offered graduate assistantships, for which services were required, amounting 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. $16,900,00.

Reference no: EM132197345

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