E20.5 (L01) (Computation of Actual Return) Gingrich Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2019 Fair value of pension plan assets, December 31, 2019 Contributions to the plan in 2019 Benefits paid retirees in 2019 Discount interest rate t2,400,000 2,725,000 280,000 350,000 7% Instructions a. From the data above, compute the actual return on the plan assets for 2019. b. Compute asset gain or loss, and indicate how the gain or loss will be reported