Lee's pension trust reported...account question Lee's pension trust reported the following events on its statement ofchanges in net assets for the year ended December 31, 2016:Interest revenueDividend revenue$15,000$41,000$10,000Realized gains (losses) from the sale of investmentsUnrealized gains (losses) from holding pension assets ($8,000)Employer's contribution during 2016Pensions paid during 2016$60,000$42,000For the year ended December 31, 2016, what is the actual return onpension assets?A. $66,000B. $56,000C. $76,000D. $58,000E. $74,000

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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