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Brief Exercise 20-10 Sunland Corp. has three defined benefit pension plans as follows. Pension Assets (at Fair Value)Projected Benefit Obligation Plan X$583,000$515,000Plan Y891,000693,000Plan Z574,000711,000 How

Brief Exercise 20-10

Sunland Corp. has three defined benefit pension plans as follows.

Pension Assets

(at Fair Value)Projected Benefit

ObligationPlan X$583,000$515,000Plan Y891,000693,000Plan Z574,000711,000

How will Sunland report these multiple plans in its financial statements?

PensionAsset$

PensionLiability$

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