The following data are for the pension plan for the employees of Central Company. ...

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Accounting

The following data are for the pension plan for the employees of Central Company.

1/1/17 12/31/17 12/31/18

Accumulated benefit obligation $5,000,000 $5,200,000 $6,800,000

Projected benefit obligation 5,400,000 6,200,000 7,600,000

Plan assets (at fair value) 4,600,000 6,400,000 6,900,000

AOCL net loss -0- 880,000 1,100,000

Settlement rate (for year) 10% 9%

Expected rate of return (for year) 8% 7%

The amount of the expected return on pension assets in 2018 was

a.

$608,000.

b.

$496,000.

c. $483,000.
d.

$448,000.

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