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Question 20 (2 points) Presented below is pension information related to Banana Inc. for the calendar year 2020. The corporation uses ASPE. Current service costs.

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Question 20 (2 points) Presented below is pension information related to Banana Inc. for the calendar year 2020. The corporation uses ASPE. Current service costs. $50,000 Contributions to the plan........ 55,000 Actual return on plan assets.. 49.000 Accrued benefit obligation (beginning of year..... 600,000 Fair value of plan assets (beginning of year....... 400,000 10% Interest cost on the obligation........ The pension expense to be reported for 2020 is Your

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