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Roger Burrows, age 19, is a full-time student at Marshall College and a candidate for a bachelor's degree. During the current year he received the following payments:
State scholarship covering tuition for 10 months$ 3,600
Loan from college financial aid office5,500
Cash support from parents8,000
Cash dividends on qualified investments700
Cash prize awarded in contest 5,000 $22,800
Problem 1: What is Burrows's gross income for the current year?
Option 1: $ 700
Option 2: $ 5,700
Option 3: $13,700
Option 4: $17,300
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