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Business, 28.12.2019 05:31 HaydenSturgis1

At december 31, 20x8, fox company has the following pension plan information: fair value of plan assets, beginning of year $1,100,000fair value of plan assets, ending of year 1,135,000contributions 275,000benefits paid 340,000expected rate of return on plan assets 7%the expected return on plan assets was used to calculate net periodic pension cost. no actuarial gains or losses were incurred during 20x8. fox's effective tax rate is 30%. what is the net gain to be reported in 20x8 other comprehensive income? a. $16,100 b. $0c. $77,000d. $23,000

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