(TCO C) Kasper, Inc. sponsors a defined-benefit pension plan. The following data relates to the...
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(TCO C) Kasper, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013. Service cost $260,000 Contributions to the plan $250,000 Actual return on plan assets $240,000 Projected benefit obligation (beginning of year) $2,700,000 Fair value of plan assets (beginning of year) $2,900,000 The expected return on plan assets and the settlement rate were both 9%. The amount of pension expense reported for 2013 is which one below
