The following intornation is for the pension plan for the employees of Reese, inc. Fair value of plan assets 6.160,000 7,040,000 $5,600,000 $7,520,000 6,080,0008:000,000 Pro AO benefit obligation Net (gain) or loss (850,000) (960,000) 8% 696 Expected rate of return Reese's contribution was $1,040,000 in 2008 and benefits paid were $560,000. Reese estimates that the average remaining service life is 10 years Please answer the following questions in the space provided below. You need to provide computational support to your answer. (a) Calculate the interest cost for 2008. (2 points) (b) Calculate the actual return on plan assets in 2008. (5 points) (O