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The trustee for the Bronson Corporation defined benefit pension plan sent a report to the CEO with the following information for the fiscal year: Beginning

The trustee for the Bronson Corporation defined benefit pension plan sent a report to the CEO with the following information for the fiscal year:

Beginning balance of plan assets at fair value $1,560,000

Actual return on plan assets $210,000

Employers contribution $150,000

Distributions to retirees $75,000

Service cost $125,000

Interest cost $156,000

Loss from changes in benefits or assumptions $35,000

Beginning balance of the PBO $1,580,000

At the end of the year, the pension plan is:

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