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Pharoah Corporation applies ASPE and sponsors a defined benefit pension plan. The following pension plan information is available for 2023 and 2024: The pension fund

image text in transcribed Pharoah Corporation applies ASPE and sponsors a defined benefit pension plan. The following pension plan information is available for 2023 and 2024: The pension fund paid out benefits in each year. There were no actuarial gains or losses incurred on the DBO in the two-year period. (a)

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