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Pension plan assets were $280 million at the beginning of the year and $298 million at the end of the year. The return on plan

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Pension plan assets were $280 million at the beginning of the year and $298 million at the end of the year. The return on plan assets was 5%. At the end of the year, cash invested in the pension fund was $16 million. What was the amount of the retiree benefits paid by the trustee

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