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During the current year, Vander Esch Industries contributed $150,000 to its defined benefit pension plan and $90,000 was distributed from the plan to retired employees.

During the current year, Vander Esch Industries contributed $150,000 to its defined benefit pension plan and $90,000 was distributed from the plan to retired employees. By how much is Vander Esch's cash account reduced during the year based on these transactions?

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$90,000

$60,000

$240,000

$150,000

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