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At January 1, 2020, Pina Company had plan assets of $279,700 and a projected benefit...

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Accounting

At January 1, 2020, Pina Company had plan assets of $279,700 and a projected benefit obligation of the same amount. During 2020, service cost was $28,100, the settlement rate was 10%, actual and expected return on plan assets were $25,200, contributions were $20,800, and benefits paid were $17,100. Prepare a pension worksheet for Pina Company for 2020.

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