In 2018, Dansiz, Corp. reported service costs on its defined benefit pension of $418,000, expected returns of $125,000, actual returns of $112,500, and interest cost of $355,000. They also need to amortize $59,000 of their new prior service cost adjustment, which decreased the PBO. Based on this information, how much pension cost should Dansiz, Corp. recognize on its 2018 income statement? (IO 13 & 15)

		$589,000
		$601,500
		$707,000
		$957,000

How does a bargain purchase option affect the calculation of the lease payments charged by the lessor? (IO 22)

		The option will increase the amount of the lease payments.
		The option will decrease the amount of the lease payments.
		No impact. The option is only part of the final entry.
		There is not enough information provided to determine the effect of the option.

Which of the following pieces of information would NOT required for a LESSOR to complete its lease amortization schedule? (IO 20)

		The value of a guaranteed residual
		The direct costs for creating the lease
		The lessor's interest rate for the lease
		The lessor needs all of this information