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Determine the pension expense

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Question - A company's beginning balances include: PBO $900,000 and PA $600,000. The discount rate is 5%. The current period service cost is $40,000; the expected return is $15,000 and the actual return on plan assets is $14,000. Amortization of pension gains is equal to $1,000 and amortization of Prior Service Cost is $10,000. Determine the pension expense?

Reference no: EM133165245

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