For Year 1, Campbell Soup Company had pension expense of $68 million and contributed $284...

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Accounting

For Year 1, Campbell Soup Company had pension expense of $68 million and contributed $284 million cash to the pension fund. As a result the company prepared the following JE to record pension expense in Year 1:
Pension Expense 68,000,000
Pension Asset/Liability 216,000,000
Cash 284,000,000
What amounts related to the pension expense should be reported in its statements of cash flows for the Year 1 under:
a) the direct method
b) the indirect method

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