Question

The following information pertains to Seda Company’s pension plan:
Actuarial estimate of projected benefit obligation at 1/1/14 . $72,000
Service cost for 2014 ................. 18,000
Pension benefits paid on 12/31/14 ........... 15,000
Assumed discount rate ................ 10%

Required:
If no change in actuarial estimates occurred during 2014, how much would Seda’s projected benefit obligation be at December 31, 2014?



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  • CreatedSeptember 10, 2014
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