1. **State the problem:** Calculate the total estimated tuition for Sarone to attend a 4-year college where tuition is $23,500 per year. 2. **Formula:** Total tuition = Tuition per year \times Number of years 3. **Calculation:** $$\text{Total tuition} = 23,500 \times 4$$ 4. **Multiply:** $$23,500 \times 4 = 94,000$$ 5. **Answer:** The total estimated tuition is $94,000.00. 6. **State the problem:** Calculate how much Sarone will still owe after applying all financial assistance. 7. **Financial assistance:** - Parents' savings (one time): 34,500 - Academic scholarship (per year): 5,000 \times 4 = 20,000 - Other scholarships (one time): 4,700 8. **Total financial assistance:** $$34,500 + 20,000 + 4,700 = 59,200$$ 9. **Amount owed:** $$\text{Amount owed} = \text{Total tuition} - \text{Total financial assistance}$$ 10. **Substitute values:** $$94,000 - 59,200 = 34,800$$ 11. **Answer:** Sarone will still owe $34,800.00 after all financial assistance.