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2015 2016 Service cost $20,000 $ 24,000 Plan assets at beginning of year 235,000 Projected benefit obligation at beginning of year 250,000 Discount rate =

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2015 2016 Service cost $20,000 $ 24,000 Plan assets at beginning of year 235,000 Projected benefit obligation at beginning of year 250,000 Discount rate = 9% Actual and expected rate of return on plan assets = 7%

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