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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 employees on January The insurance
company which administers the pension plan provided the following selected information for the years and
There were no balances as of January when the plan was initiated. The actual and expected return on plan assets was
over the year period, but the settlement rate used to discount the company's pension obligation was in in and
in The service cost component of net periodic pension expense amounted to the following: $;$;
and $ The average remaining service life per employee is years. No benefits were paid in $ of benefits
were paid in and $ of benefits were paid in all benefits paid at end of year Calculate the amount of net periodic pension expense that the company would recognize in and
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