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Compute the actual return on plan assets for blue importers

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Reference no: EM132813017

Blue Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2017 $2,500,000

Fair value of pension plan assets, December 31, 2017 2,858,000

Contributions to the plan in 2017  255,000

Benefits paid retirees in 2017   319,000

Problem 1: From the data above, compute the actual return on the plan assets for 2017.

Reference no: EM132813017

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