(Computation of Pension Expense) Veldre Company provides the following information about its defined benefit pension...
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(Computation of Pension Expense) Veldre Company provides the following information about its defined benefit pension plan for the year 2025. Service cost $ 91,300 Contribution to the plan 102,900 Prior service cost amortization 9,500 Actual and expected return on plan assets 64,800 Benefits paid 39,400 Plan assets at January 1, 2025 648,700 Projected benefit obligation at January 1, 2025 694,400 Accumulated OCI (PSC) at January 1, 2025 150,900 Interest/discount (settlement) rate 9% Compute the pension expense for 2025
Ivanhoe Company provides the following information about its defined benefit pension plan for the year 2025. Compute the pension expense for the year 2025
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