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The following information is available for the pension plan of Sheridan Company for...

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Accounting

The following information is available for the pension plan of Sheridan Company for the year 2025.
Actual and expected return on plan assets $13,800
Benefits paid to retirees
36,600
Contributions (funding)
88,000
Interest/discount rate
11%
Prior service cost amortization
7,900
Projected benefit obligation, January 1,2025,502,000
Service cost
59,000
(a)
Compute pension expense for the year 2025.
Pension expense for 2025
$
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