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please show all steps that you did to get to the answer. On January 1, 2022, Stone Co. had the following balances: $7,200,000 Projected benefit
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On January 1, 2022, Stone Co. had the following balances: $7,200,000 Projected benefit obligation Fair value of plan assets Other data related to the pension plan for 2022: Service cost 315,000 Contributions to the plan Benefits paid Interest rate Actual return 7,100,000 260,000 4% Show all computations. Prepare a pension worksheet for 2022. 250,000 284,000 Prepare journal entries to record each of the following: a. Pension expense b. Contribution to the plan c. Benefits paid to retirees Step by Step Solution
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