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The following data are for the pension plan for the employees of Lockett Company. Lockett's contribution was $ 4 2 0 , 0 0 0

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The following data are for the pension plan for the employees of Lockett Company.
Lockett's contribution was $420,000 in 2015 and benefits paid were $375,000. Lockett
estimates that the average remaining service life is 15 years.
Lockett s contribution was $420,000 in 2015 and benefits paid were $375,000.
Lockett estimates that the average remaining service life is 15 years. The actual
return on plan assets in 2015 was
a. $300,000.
b. $255,000.
c. $200,000.
d. $155,000.
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