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Pension data for Sterling Properties include the following: Required: ($ in 000s) Service cost, 2011 $112 Projected benefit obligation, January 1, 2011 850 Plan assets
Pension data for Sterling Properties include the following: Required: ($ in 000s) Service cost, 2011 $112 Projected benefit obligation, January 1, 2011 850 Plan assets (fair value), January 1, 2011 900 Prior service costAOCI (2011 amortization, $8) 80 Net lossAOCI (2011 amortization, $1) 101 Discount rate, 6% Expected return on plan assets, 10% Actual return on plan assets, 11% Determine pension expense for 2011
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