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Vaughn Corporation amended its pension plan on January 1, 2022, and granted $ 113,000 of past service costs to its employees. The employees have an
Vaughn Corporation amended its pension plan on January 1, 2022, and granted $ 113,000 of past service costs to its employees. The employees have an average time to vesting of 4 years. Current service cost for 2022 is $ 22,000, and net interest expense is $ 9,000.
Compute pension expense for Vaughn in 2022.
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