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(TCO C) Bunny Hopping, Inc. sponsors a defined-benefit pension plan. The following data relate to the operation of the plan for the year 2013. Service
(TCO C) Bunny Hopping, Inc. sponsors a defined-benefit pension plan. The following data relate to the operation of the plan for the year 2013. Service cost $160,000 Contributions to the plan $130,000 Actual return on plan assets $135,000 Projected benefit obligation (beginning of year) $1,700,000 Fair value of plan assets (beginning of year) $1,800,000 The expected return on plan assets and the settlement rate were both 8%. The amount of pension expense reported for 2013 is (Points : 5) $296,000.00. $161,000.00. $160,000.00. $152,000.00
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