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Compute the actual return on the plan assets

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Reference no: EM132529925

Question - Bonita Importers provides the following pension plan information.

Fair value of pension plan assets, January 1, 2017 $2,381,000

Fair value of pension plan assets, December 31, 2017 2,709,000

Contributions to the plan in 2017 293,000

Benefits paid retirees in 2017 370,000

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

Reference no: EM132529925

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