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The following information pertains to LL Marshall Corporation's defined benefit pension plan: 2024 Beginning 2025...

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Accounting

The following information pertains to LL Marshall Corporation's defined benefit pension plan: 2024 Beginning 2025 Beginning balances $ (7,600) 7,300 760 $ 880 ($ in thousands) Projected benefit obligation Plan assets Prior service cost-AOCI Net loss-AOCI balances $(8,104) What is the 2024 service cost for LL Marshall's plan? 7,936 720 $960 At the end of 2024, LL Marshall contributed $600 thousand to the pension fund and benefit payments of $754 thousand were made to retirees. The expected rate of return on plan assets was 12%, and the actuary's discount rate is 8%. There were no changes in actuarial estimates and assumptions regarding the PBO.
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The following information pertains to LL Marshall Corporation's defined benefit pension plan: At the end of 2024 , LL Marshall contributed $600 thousand to the pension fund and benefit payments of $754 thousand were made to fetirees. The expected rate of return on plan assets was 12%, and the octuary s discount rate is 8%. There were no changes in actuarial Simites and assumptions regarding the PBO $408 thousand $530 thousand $650 thousand Cannot be determined from the given information

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