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Concord Company provides the following information about its defined benefit pension plan for the year 2017. Service cost Contribution to the plan Prior service cost
Concord Company provides the following information about its defined benefit pension plan for the year 2017. Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2017 Projected benefit obligation at January 1, 2017 Accumulated OCI (PSC) at January 1, 2017 Interest/discount (settlement) rate $88,400 103,100 10,600 64,800 39,800 634,600 700,900 152,600 10%
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