What was the amount of the contributions

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Pension data for Fahy Transportation Inc. include the following: ($ in millions)

Discount rate, 7%

Expected return on plan assets, 10%

Actual return on plan assets, 11%

Projected benefit obligation, January 1 $730

Plan assets (fair value), January 1 $700

Plan assets (fair value), December 31 750

Benefit payments to retirees, December 31 66

Problem 1: Assuming cash contributions were made at the end of the year, what was the amount of those contributions?

Reference no: EM132906841

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