Multiple Choice Question Sheller Company estimates that its pension plan asset will earn a return of 10%. The beginning balance of plan assets was $500,000 and the ending balance was $560,000. During the year, the plan earned an actual return of 8%. As a result of this, pension expense will decrease by O $53,000. O $44,800. $56,000. O $40,000. O $50,000. Reading

Shelier Company estimates that its pension plan asset will earn a return of 10%. The beginning betance of plan assets was $500,000 and the ending balance was $560000. During the yeas, the plan earned an actual return of 8%. As a tesult of this, pension expense wil decrease by $53.000 50+1500 5:000 540000 550000