The following information is available for the pension plan of Carla Vista Company for the year 2025. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2025 Service cost (a) Compute pension expense for the year 2025. $13,800 40,000 91,300 9% 8,200 496,000 65,400
The following information is available for the pension plan of Carla Vista Company for the year 2025. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2025 Service cost (a) Compute pension expense for the year 2025. $13,800 40,000 91,300 9% 8,200 496,000 65,400
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:The following information is available for the pension plan of Carla Vista Company for the year 2025.
Actual and expected return on plan assets
Benefits paid to retirees
Contributions (funding)
Interest/discount rate
Prior service cost amortization
Projected benefit obligation, January 1, 2025
Service cost
(a)
Compute pension expense for the year 2025.
$13,800
40,000
91,300
9%
8,200
496,000
65,400
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