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Saved Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of
Saved Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of prior service cost Amortization of net loss Discount rate, 10% Expected return on plan assets, 12% Actual return on plan assets, 14% $ 132,000 690,000 740,000 5,480 1,400 Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sig Pension Expense Pension expense
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