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the following information relates to Schmidt sausage co.'s defined benefit pension plan during the current...

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Accounting

the following information relates to Schmidt sausage co.'s defined benefit pension plan during the current reporting year ($ in million) plan assets beginning of the year $400 expected return on the plan assets 40 actual return on plan assets 32 cash contributions 60 amortization of net loss 8 retiree benefits 9

required: determine the amount of pension plan assets at fair value on December 31

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