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The following Information pertalns to LL Marshall Corporation's defined benefit pension plan: At the end of 2024, LL Marshall contributed $742 thousand to the pension
The following Information pertalns to LL Marshall Corporation's defined benefit pension plan: At the end of 2024, LL Marshall contributed $742 thousand to the pension fund and benefit payments of $784 thousand were made to retlrees. The expected rate of return on plan assets was 10%, and the actuary's discount rate Is 7%. There were no changes in actuarlal estimates and assumptions regarding the PBO. What is the 2024 service cost for LL Marshall's plan? Multiple Choice $428 thousand $615 thousand $735 thousand Cannot be determined from the given information
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