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Cullumber Toothpaste Company initiates a defined benefit pension plan for its 5 0 employees on January 1 , 2 0 2 5 . The insurance

Cullumber Toothpaste Company initiates a defined benefit pension plan for its 50 employees on January 1,2025. The insurance
company which administers the pension plan provided the following selected information for the years 2025,2026, and 2027.
There were no balances as of January 1,2025, when the plan was initiated. The actual and expected return on plan assets was 10%
over the 3-year period, but the settlement rate used to discount the company's pension obligation was 13% in 2025,11% in 2026, and
8% in 2027. The service cost component of net periodic pension expense amounted to the following: 2025,$60,000;2026,$85,100;
and 2027,$120,100. The average remaining service life per employee is 12 years. No benefits were paid in 2025,$29,900 of benefits
were paid in 2026, and $18,600 of benefits were paid in 2027(all benefits paid at end of year). Calculate the amount of net periodic pension expense that the company would recognize in 2025,2026, and 2027.
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