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Calculate pension expense using the amounts

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Reference no: EM132885163

Problem 1: Calculate pension expense using the following amounts.

Service Cost $506,000
Excess Amortization of Deferred Loss $115,000
Amortization of Prior Service Cost $17,000
Interest on Projected Benefit Obligation $987,000
Return on Plan Assets $422,000

a. $1,061,000
b. $2,047,000
c. $1,203,000
d. None of the above

Reference no: EM132885163

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