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Compute the pension expense for the given year

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Question: Bridgeport Company provides the following information about its defined benefit pension plan for the year 2017.

Service cost
$ 91,300
Contribution to the plan
102,900
Prior service cost amortization
9,500
Actual and expected return on plan assets
64,800
Benefits paid
39,400
Plan assets at January 1, 2017
648,700
Projected benefit obligation at January 1, 2017
694,400
Accumulated OCI (PSC) at January 1, 2017
150,900
Interest/discount (settlement) rate
9 %

Compute the pension expense for the year 2017.

Pension expense for 2017

$

Reference no: EM131756603

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