Question
On January 1, 2021, Carla Vista Co. has the following balances: Projected benefit obligation $ 6300000 Fair value of plan assets 5700000 The settlement rate
On January 1, 2021, Carla Vista Co. has the following balances:
| Projected benefit obligation | $ | 6300000 | |
| Fair value of plan assets | 5700000 |
The settlement rate is 11%. Other data related to the pension plan for 2021 are:
| Service cost | $ | 327000 | |
| Amortization of prior service costs | 75500 | ||
| Contributions | 367000 | ||
| Benefits paid | 342000 | ||
| Actual return on plan assets | 359000 | ||
| Amortization of net gain | 24700 |
The balance of the projected benefit obligation at December 31, 2021 is
|
| $7320000. |
|
| $6993000. |
|
| $6835500. |
|
| $6978000. |
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Visual Auditory And Kinesthetic Self Audit Communication And Learning Profiles
Authors: Brian Everard Walsh, Ronald Willard, Astrid Whiting
1st Edition
098666555X, 978-0986665554
