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The amount of the December 31,2020 , projected benefit obligation is a. $2,530,000. b. $2,270,400. C. $2,420,400. d. $2,515,400 Maggie Company has a defined benefit
The amount of the December 31,2020 , projected benefit obligation is a. $2,530,000. b. $2,270,400. C. $2,420,400. d. $2,515,400
Maggie Company has a defined benefit penston plan for its employees_ The following information pertains to the pensron plan as 31- 20201 Projected benefit obligatiow January 1.2020 Service cost, 2020 Interest cost, 2020 PaymenG to retired employees Actual return on plan assets Tlr nount of r Decemba 31, 2020, projected benefit obligation is $2.530.000_ S2S15.400_ 850,000 125,000 109,600
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