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Question 2 --/10 View Policies Current Attempt in Progress Sunland Inc. has a defined benefit plan for its employees. On December 31, 2019 the company's

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Question 2 --/10 View Policies Current Attempt in Progress Sunland Inc. has a defined benefit plan for its employees. On December 31, 2019 the company's records showed the following information related to the plan: Pension plan assets Defined benefit obligation $293.000 365,700 All employees are expected to receive benefits under the plan. The company's actuary provided the following information as at December 31, 2020: Current year service cost Past service benefits, granted July 1, 2020 Expected return on assets Actual return on assets Discount rate on DBO Contributions for the year Benefits paid to retirees $50,400 80,200 12% 10% 12% 36,900 15,900 Calculate pension expense for Sunland Inc. for 2020, assuming ASPE is used. Pension expense, 2020 e Textbook and Media Calculate pension expense for Sunland Inc. for 2020, assuming IFRS is used. Pension expense, 2020 $ e Textbook and Media Question 2 --/10 View Policies Current Attempt in Progress Sunland Inc. has a defined benefit plan for its employees. On December 31, 2019 the company's records showed the following information related to the plan: Pension plan assets Defined benefit obligation $293.000 365,700 All employees are expected to receive benefits under the plan. The company's actuary provided the following information as at December 31, 2020: Current year service cost Past service benefits, granted July 1, 2020 Expected return on assets Actual return on assets Discount rate on DBO Contributions for the year Benefits paid to retirees $50,400 80,200 12% 10% 12% 36,900 15,900 Calculate pension expense for Sunland Inc. for 2020, assuming ASPE is used. Pension expense, 2020 e Textbook and Media Calculate pension expense for Sunland Inc. for 2020, assuming IFRS is used. Pension expense, 2020 $ e Textbook and Media

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