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Bissell Company received the following reports of its defined benefit pension plan for the current calendar year: PBO Plan assets Balance, January 1 $450,000

Bissell Company received the following reports of its defined benefit pension plan for the current calendar year: PBO Plan assets Balance, January 1 $450,000 Balance, January 1 Service cost 199,000 Actual return Interest cost 36,000 Annual contribution Benefits paid (85,000) Benefits paid Balance, December 31 $600,000 Balance, December 31

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