Use the following information for the next three questions: Information on Entity XYZ's defined benefit plan is as follows: PV of DBO - Jan. 1,
Use the following information for the next three questions: Information on Entity XYZ's defined benefit plan is as follows: PV of DBO - Jan. 1, 2021 2,000,000 FVPA - Jan.1, 2021 1,400,000 PV of DBO - Dec. 31, 2021 3,500,000 FVPA, end. - Dec. 31, 2021 2,800,000 Current service cost 400,000 Actuarial loss 240,000 Return on plan assets 120,000 Discount rate 10%
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