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Compute the actual return on the plan assets

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Question: Buffalo Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2017
$2,575,000
Fair value of pension plan assets, December 31, 2017
2,914,000
Contributions to the plan in 2017
299,000
Benefits paid retirees in 2017
366,000

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

Actual return on plan assets for 2017

$

Reference no: EM131756595

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