Ron, Age 19, Is a Full-Time Graduate Student at City

question 60

Multiple Choice

Ron, age 19, is a full-time graduate student at City University.During 2018, he received the following payments: Ron served as a resident adviser in a dormitory and, therefore, the university waived the $2,500 charge for the room he occupied.What is Ron's adjusted gross income for 2018?

• A)$1,500.
• B)$3,900.
• C)$9,000.
• D)$15,400.
• E)None of these.

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