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koble, inc. sponsors a defined-benefit pension plan. the following data relates to the operation of the year 2008 service cost $200,000 contributions to the plan
koble, inc. sponsors a defined-benefit pension plan. the following data relates to the operation of the year 2008
service cost $200,000
contributions to the plan 220,000
actual return on plan assets 180,000
projected benefit obligation(beginning of year) 2,400,000
fair value of plan assets(beginning of year) 1,600,000
the expected return on plan assets and the settlement rate were both 10%. the amount of pension expense reported for 2008 is
a. $200,000 b. $260,000 c. $280,000 d.$440,000
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