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Cullumber Corporation received the following report from its actuary at the end of the year: December 31, 2020 December 31, 2021 Projected benefit obligation
Cullumber Corporation received the following report from its actuary at the end of the year: December 31, 2020 December 31, 2021 Projected benefit obligation $4048000 $4450000 Accumulated benefit obligation 2649000 3009000 Fair value of pension plan assets 2809000 2929000 The amount reported as the pension liability at December 31, 2020 is $-0. $162000. $1239000. $1399000.
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Financial Accounting
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
10th edition
324645570, 978-0324645576
