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Question 19 Tyson, Inc sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2021. Service
Question 19 Tyson, Inc sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2021. Service cost Plan contributions Actual return on plan assets $345,000 330,000 270,000 Projected benefit obligation January 11 3,600,000 Fair value of plan assets, January 1 2,400,000 The expected return on plan assets and the settlement rate were both 10%. The amount of pension expense reported for 2021 is: OA $705.000 OR $465,000 Oc$435.000 OD $345,000
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