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28) A private university received $18,000,000 in tuition and fees during an academic year. Graduate

28) A private university received $18,000,000 in tuition and fees during an academic year. Graduate assistantships, for which services were required, were awarded in the amount of $1,200,000. Scholarships, for which no services were required, were awarded in the amount of $1,400,000. The net tuition and fees that would be reported in the Statement of Activities would be: $18,000,000 $16,800,000 $16,600,000 $15,400,000ASSIGNMENT CODE:772729128) A private university received $18,000,000 in tuition and fees during an academic year.Graduate assistantships, for which services were required, were awarded in the…

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