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Caticlan Company provided the following information: Fair value of plan assets Market related value of plan assets Contribution to the plan January 1 3,500,000 2,800,000

Caticlan Company provided the following information: Fair value of plan assets Market related value of plan assets Contribution to the plan January 1 3,500,000 2,800,000 December 31 3,900,000 2,900,000 280,000 Benefits paid to retirees 250,000 What is the actual return on plan assets for the current year? a. 400,000 b. 370,000 C. 430,000 d. 100,000

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