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Lower Lake Corp. reported the following items in the 2017 pension footnote (in millions). Service cost $2,004 Benefits paid to retirees 3,002 Interest cost 2,440
Lower Lake Corp. reported the following items in the 2017 pension footnote (in millions).
Service cost | $2,004 |
Benefits paid to retirees | 3,002 |
Interest cost | 2,440 |
Actual returns on pension plan assets | 3,912 |
Expected returns on pension plan assets | 4,352 |
Amortization of deferred amounts | 418 |
The companys pension expense for the year is:
Select one:
a. $510 million
b. $3,498 million
c. $950 million
d. $1,024 million
e. None of these are correct
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