Concord Importers provides the following pension plan information. Fair value of pension plan assets, January...
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Accounting
Concord Importers provides the following pension plan information.
Fair value of pension plan assets, January 1, 2020 $2,192,000 Fair value of pension plan assets, December 31, 2020 2,549,000 Contributions to the plan in 2020 292,000 Benefits paid retirees in 2020 356,000
From the data above, compute the actual return on the plan assets for 2020.
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