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Question 7 of 9 -71 View Policies Current Attempt in Progress The following facts apply to the pension plan of Coronado Inc. for the year

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Question 7 of 9 -71 View Policies Current Attempt in Progress The following facts apply to the pension plan of Coronado Inc. for the year 2020. Plan assets, January 1, 2020 $534.900 Projected benefit obligation, January 1, 2020 534.900 Settlement rate Service cost 40.500 Contributions funding) 23.500 Actual and expected return on planets 52.000 Benefits paid to retirees 31.900 Using the preceding data, compute pension expense for the year 2020. As part of your solution, prepare a penion worksheet that shows the journal entry for pension expense for 2020 and the year end balances in the related pension accounts. (Enter all amounts as positivt.) CORON Pension Wa Seenealournal Entries Annual Pension Expense Items Cash Balance January 1, 2020 litterest cost

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