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Pharoah Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2020 Fair value of pension plan assets, December 31,

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Pharoah Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2020 Fair value of pension plan assets, December 31, 2020 Contributions to the plan in 2020 Benefits paid retirees in 2020 $2,374,000 2,719,000 270.000 343,000 From the data above, compute the actual return on the plan assets for 2020. Actual return on plan assets for 2020 $

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