y 1, 2022, Wildhorse Co. has the following d benefit obligation $2
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Question 8 of 20
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On January 1, 2022, Wildhorse Co. has the following balances:
Projected benefit obligation
Fair value of plan assets
<
Service cost
Contributions
>
The settlement rate is 10%. Other data related to the pension plan for 2022 are:
Amortization of unrecognized prior service
costs
Benefits paid
Actual return on plan assets
Amortization of unrecognized net gain
O $3091400.
O $3109000.
O $3521800.
O $3131100.
$2760000
2363000
$236300
77900
390700
141200
305000
The balance of the projected benefit obligation at December 31, 2022 is
27900](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F21a4f907-aa38-4c82-a3ba-4693caa353b8%2Fb5801001-ecbe-446b-97c2-3bcaf1d78fd6%2Fdewrh9_processed.png&w=3840&q=75)
Transcribed Image Text:Question 8 of 20
View Policies
Current Attempt in Progress
On January 1, 2022, Wildhorse Co. has the following balances:
Projected benefit obligation
Fair value of plan assets
<
Service cost
Contributions
>
The settlement rate is 10%. Other data related to the pension plan for 2022 are:
Amortization of unrecognized prior service
costs
Benefits paid
Actual return on plan assets
Amortization of unrecognized net gain
O $3091400.
O $3109000.
O $3521800.
O $3131100.
$2760000
2363000
$236300
77900
390700
141200
305000
The balance of the projected benefit obligation at December 31, 2022 is
27900
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