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Determine pension expenses for the year

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Question

Pension pension data for Goldman company included the following for the current calendar year

Service service cost $106,000

PBO January one $780,000

Plan plan assets January one $830,000

Amortization of prior service cost $6,300

Amortization of net loss $2,300

Discount discount rate 8%

Expected expected return on plan assets 10%

Actual actual return on plan assets 12%

Determine pension expenses for the year.

Reference no: EM132323112

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