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Question 2 (5 points) Sived Daikon Ltd. received the following information from its pension plan trustee concering their defined benefit pension plan for calendar 2020.
Question 2 (5 points) Sived Daikon Ltd. received the following information from its pension plan trustee concering their defined benefit pension plan for calendar 2020. The corporation uses ASPE Jan 12020 Dec 31, 2020 Fair value of plan assets $ 2.100 000 $2,250,000 Accued beebligation 2,400.000 2,580.000 For 2020, the current Service cost is $ 180,000. The interest rate on the ability is 10% and the actual rate of return on plan assets is 0% Calculate pension expense to be reported for 2020
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