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The following information is available for the pension plan of Sunland Company for the year 2020. Actual and expected return on plan assets Benefits paid
The following information is available for the pension plan of Sunland Company for the year 2020. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2020 Service cost $ 14,700 40,800 81,100 10 % 7,600 458,000 63,900 (a) Compute pension expense for the year 2020. Pension expense for 2020 $
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