Dollar amount of actual return on gali company plan assets

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Reference no: EM131791743

Question: The following information pertains to Gali Company's defined benefit pension plan for 2014:

Fair value of plan assets, beginning of year $350,000

Fair value of plan assets, end of year 525,000

Employer contributions 110,000

Benefits paid 85,000

Required: What was the dollar amount of actual return on Gali Company's plan assets in 2014?

Reference no: EM131791743

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