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Sunland Corp. reports the following information in hundreds of thousands of dollars) to you about its defined benefit pension plan for 2020: Actual return on
Sunland Corp. reports the following information in hundreds of thousands of dollars) to you about its defined benefit pension plan for 2020: Actual return on plan assets $13 Current service cost $30 Benefits paid to retirees 9 Interest cost 9 Contributions from employer 23 Opening balance, defined benefit obligation (DBO) 92 Cost of plan amendment in year 10 Opening balance, plan assets 100 Defined benefit obligation, ending balance = $132 Provide a continuity schedule for the plan assets for the year. (Enter liabilities and underfunded answer amounts using either a negative sign preceding the number e.g.-55 or parentheses e.g. (55).) Sunland Corp. Continuity Schedule 2020 4. ta $ $ $ Is the plan in a surplus or a deficit position at the end of the year? The plan is in a 4 position
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