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Service cost $207,000 Contribution to the plan 268,000 Prior service cost amortization 34,000 Actual and expected return on plan assets 127,000 Benefits paid 225,000
Service cost $207,000 Contribution to the plan 268,000 Prior service cost amortization 34,000 Actual and expected return on plan assets 127,000 Benefits paid 225,000 Plan assets at January 1, 2025 1,377,000 Projected benefit obligation at January 1, 2025 1,799,000 Accumulated OCI (PSC) at January 1, 2025 313,000 Interest/discount (settlement) rate 9% Compute the pension expense for the year 2025. Pension expense for 2025 $
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
