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4: Pensions (15 points) Davidson Company has a defined benefit plan with the following information for a recent period: Beginning Plan Assets $1,500,000 Beginning PBO
4: Pensions (15 points) Davidson Company has a defined benefit plan with the following information for a recent period: Beginning Plan Assets $1,500,000 Beginning PBO 2,000,000 Beginning Prior Service Cost 300,000 Service Cost 100,000 Amortization of Prior Service Cost 100,000 Contributions Paid to Plan 250,000 Benefits Paid to Retirees 200,000 Estimated Return on Assets 7.50% Discount Rate 10.00% Required Answer the following questions: What is the ending accrued pension liability
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