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Silverado maintains a fully funded pension plan. During 2015, $1 million was paid to retired workers, and workers currently employed by the company earned a

Silverado maintains a fully funded pension plan. During 2015, $1 million was paid to retired workers, and workers currently employed by the company earned a portion of the right to receive pension payments expected to total $6 million over their lifetimes. Silverados pension expense for 2015 amounts to:

1

Transaction

Accounts

Dr.

Cr.

Record salaries expense at December 31.

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