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The Yuan Zang company has a defined benefit pension plan. At the end of the current reporting period December 31, 20X1 and December 31,20X2 the

The Yuan Zang company has a defined benefit pension plan. At the end of the current reporting period December 31, 20X1 and December 31,20X2 the following was available:

Actuary's Report

( Defined Benefit Obligations)

Year

20X1

Year

20X2

Beginning defined Pension Obligation 5,200,000

Amended for Past Service Cost

01/01/X1

800,000

Interest Cost

(5,200,000 + 800,000) * 10%

600,000
Current Service Cost 760,000 900,000
Benefits Paid to Retiree 400,000
Ending Defined Pension Obligation

Trustee's Report

( Status of the Pension Fund Assets)

Year

20X1

Year

20X2

Beginning Pension Fund Assets 3,100,000

Expected Return on Pension Fund Asset

( *10%)

310,000
Contribution 220,000 5,300,000
Benefits Paid to Retirees ( ) ( 400,000 )
Unrealized Acturial Loss/Gain (60,000) 62,000
Ending Pension Fund Asset 3,100,000 8,372,000

Other information and assumptions:

The discount rate and the expected rate of return are 10%

The actual rate of return in 20X1 was 8%

The actual rate of return in 20X2 was 12%

Required:

I just need to figure out the numbers in the table. Thank you

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