Reported for pension expense

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Reference no: EM13759146

Hathaway, Inc. sponsors a defined-benefit pension plan. The following data relates to the plan for 2013: Contributions to the plan, $450,000; Service cost, $500,000; Interest on projected benefit obligation, $445,000; Amortization of prior service cost due to increase in benefits, $85,000; Expected return on plan assets, $280,000. What amount should be reported for pension expense in 2013?

Reference no: EM13759146

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Reported for pension expense : Hathaway, Inc. sponsors a defined-benefit pension plan. The following data relates to the plan for 2013: Contributions to the plan, $450,000; Service cost, $500,000;

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