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Compute the actual return on the plan assets

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Reference no: EM133234200

Pharoah importers provides the following pension plan information

Fair value of pension plan assets, January 1, 2020 2482000

Fair value of pension plan assets, December 31,2020 2828000

Contributions to the plan in 2020 265000

Benefits paid retirees in 2020 340,000

From the data above, compute the actual return on the plan assets for 2020

Reference no: EM133234200

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