Make a worksheet inserting january

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Sage Co. provides the following information about its postretirement benefit plan for the year 2017.

Service cost                                                                         $42,100

Contribution to the plan                                                            10,500

Actual and expected return on plan assets                                    10,700

Benefits paid20,800Plan assets at January 1, 2017                      108,400

Accumulated postretirement benefit obligation at January 1, 2017      330,400

Discount rate10%

Problem 1: Make a worksheet inserting January 1, 2017, balances, and showing December 31, 2017, balances.

Reference no: EM132721875

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