The following data are for the pension plan for the employees of Lockett Company. 12/31/14 Accumulated benefit obligation Projected benefit obligation Plan assets (at fair value) AOCL - net loss Settlement rate (for year) Expected rate of return (for year) 1/1/14 12/31/15 $2,500,000 4. 2,700,000 2,300,000 $2,600,000 $3,400,000 2,800,000 3,700,000 3,000,000 3,300,000 580,000 500,000 10% 8% Lockett's contribution was $420,000 in 2015 and benefits paid were $275,000. Lockett estimates that the average remaining service life is 20 years. The actual return on plan assets in 2015 was a. $300,000. b. $255,000. c. $200,000. d. $155,000. 9% 7%

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 $275,000. Lockett estimates that the average remaining service life is 20 years. 4. The actual return on plan assets in 2015 was a. $300,000. b. $255,000. c. $200,000. d. $155,000. 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 $275,000. Lockett estimates that the average remaining service life is 20 years. 4. The actual return on plan assets in 2015 was a. $300,000. b. $255,000. c. $200,000. d. $155,000