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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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