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Tim Co.uses defined benefit pension plan. The plan assets has a fair value of $325.000 at December 31. year 2018, and of $375,000 at December

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Tim Co.uses defined benefit pension plan. The plan assets has a fair value of $325.000 at December 31. year 2018, and of $375,000 at December 31. year 2019. The following information are Tim Co.'s information for 2019, 1. Recorded pension expense of $120,000 2. Contributed a total of $130,000 to the plan 3. Certain plan Investments, which had a cost and carrying value of $125,000, were sold for $70,000 4. Payments to retirees for pension benefits amounted to $150,000 What was the actual return on plan assets? Multiple Choice A return of $80,000 O A return of $70,000 A return of $15.000 A loss of $55.000

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