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Use the following information to answer the next 2 clues. A company with a DB pension plan had a beginning PBO of $843,000 and beginning
Use the following information to answer the next 2 clues.
A company with a DB pension plan had a beginning PBO of $843,000 and beginning Plan Assets of $776,000. Additional information for the current year:
- Service cost of $62,502, plan contributions of $62,800, retiree benefits paid of $92,000
- Actual return of 4.6%
- Interest rate of 6.6%
27. The ending balance in Plan Assets is ____.
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