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The following information pertains to the ARB Company pension plan for the current year: Fair value of plan assets at 1/1 Fair value of plan

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The following information pertains to the ARB Company pension plan for the current year: Fair value of plan assets at 1/1 Fair value of plan assets at 12/31 Employer contributions Benefits paid $350,000 $525,000 $110,000 $85,000 In computing pension expense, what amount should ARB use as actual return on plan assets? Select one: a. $65,000 b. $150,000 c. $175,000 d. $260,000

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