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Edamame Corp. had the following measures for its pension plan during the current year. Beginning PBO 700,000 Beginning plan assets 568,000 Service cost 87,000 Annual

Edamame Corp. had the following measures for its pension plan during the current year.

Beginning PBO

700,000

Beginning plan assets

568,000

Service cost

87,000

Annual contribution

150,000

Benefits paid

40,000

Expected long term rate of return

8%

Discount rate

5%

Actual return

42,300

Assuming no other relevant info, calculate pension expense for the year.

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