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Use the following to answer questions Sr The statement of financial position of the FAS partnership at December Cash asb Other Assets 800,000 F Capital

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Use the following to answer questions Sr The statement of financial position of the FAS partnership at December Cash asb Other Assets 800,000 F Capital 80,000 31, 2008, appears below 400,000 Liabilities 280,000 460,000 A, Capital S, Capital Total Liabilities and Capital $1.200.000 Total Assets $1.200.000 f. A, and S share profits and losses 3020:50, respectively. Each question below is independent of the others. t partner S retires from the partnership and receives $420,000 for her capital interest. W capital after Sretires it S's goodwill is recognized by the partnership? $256,000 $280,000 $304,000 D) information. Assume Partner Sretires from the partnership and receives $420,000 for her capital interest capital after S retires if no goodwill is recognized? A) $460,000 $452,000 $444,000 $436,000 Cash contributions to the pension plan increaser l pension expense bthe company's cash balance d) the plan assets 1) Which of the following iems should be included in penasion expense alculated by m employer who sponsorsa defined-benefit pensice plan for its employees? Fair value Benefits pald No No Yes No A The following information pertains to Mellon Co.'s pension plan Actuarial estimate of projected benefit obligation at 1/1/11 $72,000 $70,000 10% $18,000 $15,000 Plan assets 1/1/11 Assumed discount rate Service costs for 2011 Pension benefits paid during 2011 Mellon's interest cost at December 31, 2011 was $7,200. $7,000. $1,500. d. $1,800. The following information relates to the pension plan for employees of Nye Co 3,335,000 2,870,000 Projected benefit obligation Fair value of plan assets Nye's contribution was $315,000 in 2018 and benefits paid were $235,000. The actual return on plan assets in 2018 is 2,600,000 $170,000. b $190,000. $245,000. d $270,000

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