Ron, age 19, is a full-time graduate student at city university. during 2019, he received the following payments: cash award for being the outstanding resident adviser $ 1,500 resident adviser housing 2,500 state scholarship for ten months (tuition and books) 6,000 state scholarship (meals allowance) 2,400 loan from college financial aid office 3,000 cash support from parents 2,000 $17,400 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 2019?

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)