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E20.2. (computation of Pension Expense) 4 6 Veldre Company provides the following information about its defined benefit pension plan for the year 2012. Service cost
E20.2. (computation of Pension Expense) 4 6 Veldre Company provides the following information about its defined benefit pension plan for the year 2012. Service cost $ 90,000 Contribution to the plan 105,000 Prior service cost amortization 10,000 Actual and expected return on plan assets 64 40,000 Plan assets at January 1, 2012 640,000 Projected benefit obligation at January 1, 2012 700,000 Accumulated OCI (PSC) at January 1, 2012 150,000 Interest/discount (settlement) rate 10% ,000 Benefits paid Instructions Compute the pension expense for the year 2012
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