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Biggio Importers provides the following pension plan information: $1,438,750 1,586,875 Fair value of pension plan assets, January 1, 2020 Fair value of pension plan assets,

Biggio Importers provides the following pension plan information: $1,438,750 1,586,875 Fair value of pension plan assets, January 1, 2020 Fair value of pension plan assets, December 31, 2020 Contributions to the plan in 2020 Benefits paid to retirees in 2020 212,500 218,750 Required a. From the information provided above, calculate the actual return on the plan assets for 2020

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