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Help with #29 Use the following information to answer the next 3 questions. A company with a DB pension plan had a beginning P30 of
Help with #29 Use the following information to answer the next 3 questions. A company with a DB pension plan had a beginning P30 of $699,000 and beginning Plan Assets of $632,000. Additional information for the current year Service cost of 576,902, plan contributions of $75,600, retiree benefits paid of $109,600 Actual return of 12% Interest rate of 13% 26 $ 90,870 Interest cost is 27 $ 783,440 The ending balance in Plan Assets is 28 $ 757 172 The ending PBO is 29 Al the beginning of the year, ABC has the following balances deferred tax asset. $33.480, deferred tax liability, $26.420. At the end of the year, ABC has the following balances deferred tax asset, $21.720, deferred tax liability, $37 100 Assurning tax payable of $75,400, tax expenses Use the followinnin
Help with #29
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