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Marigold Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2022 2,438,000 Fair value of pension plan assets, December
Marigold Importers provides the following pension plan information.
| Fair value of pension plan assets, January 1, 2022 | 2,438,000 | |
| Fair value of pension plan assets, December 31, 2022 | 2,731,000 | |
| Contributions to the plan in 2022 | 289,000 | |
| Benefits paid retirees in 2022 | 365,000 | |
| Discount (interest) rate | 7% |
Compute asset gain or loss.
| Asset |
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Management Accounting Information For Decision Making
Authors: Anthony A. Atkinson
7th Edition
1618533517, 9781618533517
