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For Oxford Corporation, year-end plan assets were $3,000,000. At the beginning of the year, plan assets were $2,450,000. During the year, contributions to the fund

For Oxford Corporation, year-end plan assets were $3,000,000. At the beginning of the year, plan assets were $2,450,000. During the year, contributions to the fund were $180,000 and benefits paid were $110,000. Compute Oxford's actual return on plan assets.

Select one:

a.$260,000

b.$350,000

c.$480,000

d.$550,000

e.$840,000

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