4 questions please
Cullumbar Limited sponsors a defined benefit pension plan, and follows ASPE. The corporation's actuary provides the following information about the plan in thousands of dollars) January 1, 2020 December 31, 2020 Vested benefit obligation $1.500 $1.520 Denned benefit obligation accounting basis 2.280 3.028 Plan assets (fair value 1,360 2,089 Interest/discount rate 10% 10% Net denned benefit liability/asset Past service cost.plan amendment, effective December 30, 2020 360 Service cost for the year 2020 300 Contributions (fundin 2020 600 Benefits paid in 2020 140 (Enter answers in thousands of dollars.) Calculate the actual return on the plan assets in 2020, Actual return on the plan assets in 2020 e Textbook and Media Calculate the amount of the net defined benefit liability/asset as at January 1, 2020, Net defined benefit January 1, 2020 e Textbook and Media Prepare a continuity schedule of the denned benefit obligation for 2020. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (451) Calculate the pension expense for 2020, separately identifying each amount making up the total expense. (Enter negative amounts using either a negative sign preceding the number, eg, 45 or parentheses, eg, (451) $ Current service cost Net interest cost Asset remeasurement gain Past service cost Pension expense for 2020 e Textbook and Media Cullumbar Limited sponsors a defined benefit pension plan, and follows ASPE. The corporation's actuary provides the following information about the plan in thousands of dollars) January 1, 2020 December 31, 2020 Vested benefit obligation $1.500 $1.520 Denned benefit obligation accounting basis 2.280 3.028 Plan assets (fair value 1,360 2,089 Interest/discount rate 10% 10% Net denned benefit liability/asset Past service cost.plan amendment, effective December 30, 2020 360 Service cost for the year 2020 300 Contributions (fundin 2020 600 Benefits paid in 2020 140 (Enter answers in thousands of dollars.) Calculate the actual return on the plan assets in 2020, Actual return on the plan assets in 2020 e Textbook and Media Calculate the amount of the net defined benefit liability/asset as at January 1, 2020, Net defined benefit January 1, 2020 e Textbook and Media Prepare a continuity schedule of the denned benefit obligation for 2020. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (451) Calculate the pension expense for 2020, separately identifying each amount making up the total expense. (Enter negative amounts using either a negative sign preceding the number, eg, 45 or parentheses, eg, (451) $ Current service cost Net interest cost Asset remeasurement gain Past service cost Pension expense for 2020 e Textbook and Media
