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Compute Pine-cone pension expense for the current year

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Problem - Pinecone Company has plan assets of $500,000 at the beginning of the current year and expects to earn 12% on its plan assets during the year. Pinecone's service cost is $230,000, and its interest cost is $55,000. Compute Pine-cone's pension expense for the current year.

Reference no: EM132891238

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