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Concord Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2020 $2,502,000 Fair value of pension plan assets, December

Concord Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2020 $2,502,000
Fair value of pension plan assets, December 31, 2020 2,848,000
Contributions to the plan in 2020 305,000
Benefits paid retirees in 2020 370,000

From the data above, compute the actual return on the plan assets for 2020.

Actual return on plan assets for 2020

$enter the actual return on the plan assets for 2017 in dollars

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