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Multiple Choice Question 80 The following information relates to the pension plan for the employees...

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Multiple Choice Question 80 The following information relates to the pension plan for the employees of Ivanhoe Co.: Accum. benefit obligation Projected benefit obligation Fair value of plan assets AOCI - net (gain) or loss Settlement rate (for year) Expected rate of return (for year) 1/1/17 $8240000 8765000 7925000 -0- 12/31/17 $ 8660000 9458000 9920000 (1412000) 10% 12/31/18 $11600000 13007000 11054000 (1580000) 10% 6% 7% Ivanhoe estimates that the average remaining service life is 16 years. Ivanhoe's contribution was $1223000 in 2018 and benefits paid were $887000. The interest cost for 2018 is $1300700 $866000. $876500. $945800. Click if you would like to Show Work for this question: Open Show Work

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