James paul importers provides the following pension plan

Reference no: EM13355506

James Paul importers provides the following pension plan information:

Fair value of pension plan assets, January 1, 2011	$2,300,000
Fair value of pension plan assets, December 31, 2011	2,725,000
Contributions to the plan in 2011	250,000
Benefits paid retirees in 2011	350,000

Instructions

From the data above, compute the actual return on the plan assets for 2011.

Reference no: EM13355506

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