(Computation of Actual Return) Gingrich Importers provides the following pension plan information. Fair value of pension plan...

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(Computation of Actual Return) Gingrich Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2010 $2,400,000

Fair value of pension plan assets, December 31, 2010 2,725,000

Contributions to the plan in 2010 280,000

Benefits paid retirees in 2010 350,000

From the data above, compute the actual return on the plan assets for 2010.

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Dec 23, 2010 06:47 AM

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(Computation of Actual Return) Gingrich Importers provides the following pension plan information. Fair value of pension plan...

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