(L01) (Computation of Actual Return) Gingrich Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2017 $2,400,000 Fair value of pension plan assets, December 31, 2017 2,725,000 Contributions to the plan in 2017 280,000 Benefi ts paid retirees in 2017 350,000 Instructions From the data above, compute the actual return on the plan assets for 2017.