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Present value of benefit obligation, Beginning 6,900,000 Present value of benefit obligation, Ending 7,793,500 Fair value of plan assets, Beginning 7,552,500 Fair value of plan

Present value of benefit obligation, Beginning 6,900,000 Present value of benefit obligation, Ending 7,793,500 Fair value of plan assets, Beginning 7,552,500 Fair value of plan assets, Ending 8,347,500 Employer contribution 637,500 Benefits paid to retirees 585,000

Settlement rate 10%

Ceiling Beginning 300,000

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WHAT IS THE NET PENSION COST TO PROFIT OR LOSS

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