resented below is pension information for Ivanhoe Company for the year 2021: Expected return on plan assets     $ 71000 Interest on vested benefits     49000 Service cost     155000 Interest on projected benefit obligation     59000 Amortization of prior service cost due to increase in benefits     65000 The amount of pension expense to be reported for 2021 is

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Presented below is pension information for Ivanhoe Company for the year 2021:

Expected return on plan assets     $ 71000
Interest on vested benefits     49000
Service cost     155000
Interest on projected benefit obligation     59000
Amortization of prior service cost due to increase in benefits     65000

The amount of pension expense to be reported for 2021 is
 
$ 279000.
$ 350000.
$ 179000.
$ 208000.
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