Business, 14.11.2019 21:31 carson5238

The following pension-related data pertain to metro recreation's noncontributory, defined benefit pension plan for 2018: ($ in 000s) jan. 1 dec. 31 projected benefit obligation $ 5,500 $ 5,780 accumulated benefit obligation 3,785 4,090 plan assets (fair value) 6,630 7,075 interest (discount) rate, 8% expected return on plan assets, 10% prior service cost−aoci (from dec. 31, 2017, amendment) 980 net loss−aoci 683 average remaining service life: 10 years gain due to changes in actuarial assumptions 66 contributions to pension fund (end of year) 480 pension benefits paid (end of year) 435 required: prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2018. (enter credit amounts with a minus sign and debit amounts with a positive sign. enter your answers in thousands (i. e. 200,000 should be entered as

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