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Analyzing Changes in PBO Garcia Co. has a PBO balance on January 1, 2020, of $262,800. The actuaries provided the following information: PBO December 31,
Analyzing Changes in PBO Garcia Co. has a PBO balance on January 1, 2020, of $262,800. The actuaries provided the following information: PBO December 31, 2020, balance, $252,000; interest cost, $23,400; actuarial gain on PBO, $43,200; prior service cost amendment (causing additional obligations) $14,400; benefits paid to retirees, $34,200. Required Compute service cost for 2020. 0 Check
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