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Bonita Corporation had plan assets of $1.252,000 on January 1, 2020. On December 31, 2020 the plan assets were $1,603,000, During the year, contributions were
Bonita Corporation had plan assets of $1.252,000 on January 1, 2020. On December 31, 2020 the plan assets were $1,603,000, During the year, contributions were made to the plan totalled $277,000, while benefits paid to retirees totalled $158,300. Calculate Bonita's actual return on plan assets. $ Actual return on plan assets
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