Question 4. 4. (TCO C) Kathy's Kittens, Inc. has provided the following information for their post-retirement benefits plan for 2013. Service cost $475,000 Discount rate 8% APBO, January 1, 2013 $3,800,000 EPBO, January 1, 2013 $4,100,000 Average remaining service to full eligibility 20 years Average remaining service to expected retirement 25 years The amount of post-retirement expense for 2013 is (Points : 5)

$931,000. $969,000. $779,000. $803,000.

Question 5. 5. (TCO C) Kasper, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013. Service cost $350,000 Contributions to the plan $225,000 Actual return on plan assets $185,000 Projected benefit obligation (beginning of year) $3,400,000 Fair value of plan assets (beginning of year) $3,300,000 The expected return on plan assets and the settlement rate were both 9%. The amount of pension expense reported for 2013 is (Points : 5)

$471,000.00. $359,000.00. $350,000.00. $656,000.00.