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10 7.100 10 2021 o o STS The following information pertains to Foundry Inc.'s defined benefit pension plan: ($ in thousands) Projected benefit obligation Plan

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10 7.100 10 2021 o o STS The following information pertains to Foundry Inc.'s defined benefit pension plan: ($ in thousands) Projected benefit obligation Plan assets Prior service cost-AOCI Net loss-AOCI 2021 Beginning balances $(7,400) 7,100 740 $ 860 2022 Beginning balances $(7,904) 7,736 680 $ 930 At the end of 2021. Foundry contributed $670 thousand to the pension fund and benefit payments of $734 thousand were made to retirees. The expected rate of return on plan assets was 11%, and the actuary's discount rate is 7%. There were no changes in actuarial estimates and assumptions regarding the PBO. What is the 2021 pension expense for Foundry's plan? Multiple Choice None of these are correct. $528 thousand At the end of 2021. Foundry contributed $670 thousand to the pension fund and benefit payments of $734 thousand were made to retirees. The expected rate of return on plan assets was 11%, and the actuary's discount rate is 7%. There were no changes in actuarial estimates and assumptions regarding the PBO. What is the 2021 pension expense for Foundry's plan? Multiple Choice None of these are correct. $528 thousand $729 thousand $609 thousand

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