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Mr. Hines received a 6200 grant from a local university for the fall of 2010. Mr. Hines was a candidate for a degree, and was required to be a research assistant, for which services he received payment under the grant. the 6200 grant provided the following.

tuition 3600
books and supplies 500
pay for services as research assistant 2100

Mr. Hines spent the entire 6200 on tuition, books and supplies.

What amount must Mr. Hines include in his income for 2010

a. 2100

b. 2600

c. 3200

d. 3600

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Accounting Basics, Accounting

Category:- Accounting Basics
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