Graham Has Accepted an Offer to Do Graduate Work in the Chemistry

question 140

Multiple Choice

Graham has accepted an offer to do graduate work in the chemistry department at State University. The chemistry department offered Graham a $5,000 tuition reduction and $3,500 toward the cost of room and meals. Under the terms of the scholarship Graham must work in the chemistry labs during the summer as a research assistant. What amount must Graham include in his gross income?

• A)$8,500
• B)$5,000
• C)$3,500
• D)$2,500
• E)$0-none of these benefits are included in gross income.

---

Definitions:

M.D.

An abbreviation for Doctor of Medicine, a degree awarded to physicians following the completion of their medical school education.

Ph.D.

A Doctor of Philosophy degree, representing the highest level of academic achievement in various fields of study.

Cognitive Neuroscientists

Scientists who study the biological processes and aspects that underpin cognition, focusing on the neural connections in the brain that are involved in mental processes.

PET

Positron Emission Tomography, a type of imaging test that helps reveal how your tissues and organs are functioning, often used in medical diagnoses.