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10 The following information pertains to Honn Corporation's defined benefit pension plan: At the end of 2024. Honn contributed $730 thousand to the pension fund
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The following information pertains to Honn Corporation's defined benefit pension plan: At the end of 2024. Honn contributed $730 thousand to the pension fund and beriefit payments of $664 thousand were made to retitees. The expected rate of return on plan assets was 10%, and the actuarys discount rate is 8%. There were no changes in actuarial estimates and hissumptions regarding the PBO $570 thousand $688 thousand $1,234 thousand None of these answer choices are correct Step by Step Solution
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