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Make a worksheet inserting january balances

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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 paid 20,800

Plan 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. (Enter all amounts as positive.)

Reference no: EM132769321

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