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Skysong Importers provides the following pension plan information. Fair value of pension plan assets, January 1, 2020 $2,228,000 Fair value of pension plan assets, December
Skysong Importers provides the following pension plan information.
| Fair value of pension plan assets, January 1, 2020 | $2,228,000 | |
| Fair value of pension plan assets, December 31, 2020 | 2,542,000 | |
| Contributions to the plan in 2020 | 303,000 | |
| Benefits paid retirees in 2020 | 373,000 |
From the data above, compute the actual return on the plan assets for 2020.
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Corporate Accounting Vol 1
Authors: Dr S. Kr. Paul, Prof. Chandrani Paul
1st Edition
164725146X, 9781647251468
