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A company provides the following information related to its defined benefit pension plan for 2021: Beginning Plan Assets balance (January 1) Ending Plan Assets balance

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A company provides the following information related to its defined benefit pension plan for 2021: Beginning Plan Assets balance (January 1) Ending Plan Assets balance (December 31) Actual return on plan assets Benefits paid to retirees Employer contributions ??? $359,442 $28,842 $56,200 $41,800 55 Determine the actual rate of return on plan assets for 2021. Click to select) 7.71% 7.16% 22.74% 9.99% 8.36%

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