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Calculate the amount of pension expense to be reported

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Question - Presented below is pension information for Green Company for the year 2011:

Expected return on plan assets $24,000

Interest on vested benefits $15,000

Service cost $30,000

Interest on projected benefit obligation $21,000

Amortization of prior service cost due to increase of benefits $18,000

Calculate the amount of pension expense to be reported for 2011. Show all calculations.

Reference no: EM131786790

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