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Determine the following for Sheridan for 2025: expected return on plan assets. Annual Pension Items Expense Cash Balance, Jan. 1, 2025 Service cost $34000 Interest

Determine the following for Sheridan for 2025: expected return on plan assets.

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Annual Pension Items Expense Cash Balance, Jan. 1, 2025 Service cost $34000 Interest cost 47515 Dr. Actual return 32130 Cr. Unexpected loss 4,250 Cr. Amortization of PSC 59500 Contributions Benefits Increase in PBO Journal entry for 2025 Accumulated OCI, Dec. 31, 2024 Balance, Dec. 31, 2025 Pension Worksheet-Sheridan Co. General Journal Entries $ 4250 Dr. $59,500 Cr. v 59500 Cr. Determine the following for Sheridan for 2025 : (1) settlement rate used to measure the interest on the liability and (2) expected return on plan assets. (Round answers to 1 decimal place, e.g. 12.5\%.) (1) Settlement rate % (2) Expected return on assets %

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