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4 min CALCULATOR BACK NOT JRCES 19. Question Presented below is Information related to Carla Vista Department Stores, Inc. pension plan for 2021. Accumulated benefit

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4 min CALCULATOR BACK NOT JRCES 19. Question Presented below is Information related to Carla Vista Department Stores, Inc. pension plan for 2021. Accumulated benefit obligation (at year-end) 5690,000 Service cost 630,000 Funding contribution for 2021 570,000 Settlement rate used in actuarial computation 10 Expected return on plan assets 99 Amortization of PSC (due to benefit increase) 109,000 Amortization of net gains 57,000 Projected benefit obligation (at beginning of period) 560,000 Fair value of plan assets (at beginning of perfod) 450,000 Compute the amount of pension expense to be reported for 2021 Pension expense Prepare the Journal entry to record pension expense and the employer's contribution for 2021. (Credit account titles are automatically indented when amount is entered. Do not Account Titles and Explanation Debut Credit www.study Click if you would like to show work for this questions on how Work

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