Davy, age 19 , is a full-time student at OSU and a candidate for a bachelor's degree. He received the following payments (Shown below). What is Davy's AGI?
State scholarship for ten months(used for tuition $2,400
Loan from financial aid office $1,000
Cash from parents $2,000
Cash dividends on qualified investments $500
Cash prize awarded in contest $300
a. $500
b. $3,200
c. $800
d. $6,200
e. None of these