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What is amount that should be reported for pension expense

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Reference no: EM131802629

Question - Presented below is information related to Racing Inc. pension data for 2008

Service cost $900,000

Actual return on plan assets 210,000

Interest on projected benefit obligation 390,000

Amortization of unrecognized net loss 90,000

Amortization of unrecognized prior service cost 165,000

Expected return on plan assets 180,000

What is the amount that should be reported for pension expense in 2008?

a. $1,335,000

b. $1,155,000

c. $1,515,000

d. $1,365,000

Reference no: EM131802629

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