Business, 06.04.2020 23:16 ogjigglypuff

The following information is related to the pension plan of Sandhill, Inc. for 2021.

Actual return on plan assets $480000
Amortization of net gain 205000
Amortization of prior service cost due to increase in benefits 380000
Expected return on plan assets 532000
Interest on projected benefit obligation 805000
Service cost 2100000

Pension expense for 2021 is

A. $2548000.
B. $3010000.
C. $2958000.
D. $2632000.

Answers: 2

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The following information is related to the pension plan of Sandhill, Inc. for 2021.

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