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Blossom Limited follows ASPE, and the company sponsors a defined benefit pension plan. Blossom's actuary provides the following information about the plan (in thousands of
Blossom Limited follows ASPE, and the company sponsors a defined benefit pension plan. Blossom's actuary provides the following information about the plan (in thousands of dollars): January 1, December 31, 2023 2023 Vested benefit obligation $1,200 $1,550 Defined benefit obligation, accounting basis 2,240 3,044 Plan assets (fair value) 1,300 2,095 Interest/discount rate 10% 10% Net defined benefit liability/asset ? ? Past service cost, plan amendment, effective December 30, 2023 380 Service cost for the year 2023 320 Contributions (funding) 2023 640 Benefits paid in 2023 120 (a) Calculate the actual return on the plan assets in 2023. (Enter answers in thousands of dollars.) Actual return on the plan assets in 2023 $
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