Pharoah Company provides the following information about its defined-benefit pension plan for the year 2025. Service cost Contribution to the plan $216,000 275,000 Prior
Pharoah Company provides the following information about its defined-benefit pension plan for the year 2025. Service cost Contribution to the plan $216,000 275,000 Prior service cost amortization 35,000 Actual and expected return on plan assets 122.000 Benefits paid 212,000 Plan assets at January 1, 2025 1,435,000 Projected benefit obligation at January 1. 2025) 1.853,000 Accumulated OCI (PSC) at January 1, 2025 315,000 Interest/discount (settlement) rate 10% Compute the pension expense for the year 2025. Pension expense for 2025 S Attempts: 0 of 1 used Submit
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