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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
Actual return on plan assets
Employer's contribution
Distributions to retirees
Service cost
Loss from changes in benefits or assumptions Beginning balance of the PBO
The ending balance of plan assets is:
Multiple Choice
$1,770,000
$1,560,000
$ 210,000
$ 75,000
$ 156,000
$1,580,000
$ 150,000
$ 35,000
$ 125,000
Interest cost
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