mporte vides the following pension plan Fair value of pension plan assets, January 1, 2025 Fair value of pension plan assets, December 31, 2025 Contributions to the plan in 2025 Benefits paid retirees in 2025 $2,575,000 Actual return on plan assets for 2025 $ 2,914,000 299,000 366,000 From the data above, compute the actual return on the plan assets for 2025.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter19: Accounting For Post Retirement Benefits
Section: Chapter Questions
Problem 7E
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rane importers provides the following pension plan
Fair value of pension plan assets, January 1, 2025
Fair value of pension plan assets, December 31, 2025
Contributions to the plan in 2025
Benefits paid retirees in 2025
Tormation.
Actual return on plan assets for 2025 $
$2,575,000
2,914,000
299,000
366,000
From the data above, compute the actual return on the plan assets for 2025.
Transcribed Image Text:rane importers provides the following pension plan Fair value of pension plan assets, January 1, 2025 Fair value of pension plan assets, December 31, 2025 Contributions to the plan in 2025 Benefits paid retirees in 2025 Tormation. Actual return on plan assets for 2025 $ $2,575,000 2,914,000 299,000 366,000 From the data above, compute the actual return on the plan assets for 2025.
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