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28. Marley Co has an underfunded prepaid/accrued pension cost of $2.000 (debit balance at December 31, 2015. The following information pertains to 2016 Pension expense

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28. Marley Co has an underfunded prepaid/accrued pension cost of $2.000 (debit balance at December 31, 2015. The following information pertains to 2016 Pension expense $320,000 Projected benefit obligation. December 31, 2015 840.000 Contributions 330.000 Plan assets (fair value) December 31, 2015 810,000 The December 31, 2016, adjusting entry should be Select one Other Comprehensive Income 42,000 Acerved P aid Pension Cont42.000 Accrued Prepaid Pension Cost 40,000 Other Comprehensive Income 40.000 Other Comprehensive Income 30.000 Accrued/Prepaid Pension Cost 30.000 Other Comprehensive Income 30,000 Accrued/Prepaid Pension Cost 30.000

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