Hunt Syrups Company provides the following pension plan information. Fair value of pension plan assets, January 1,

Question:

Hunt Syrups Company provides the following pension plan information.

Fair value of pension plan assets, January 1, 2014 ........$1,250,000

Fair value of pension plan assets, December 31, 2014 ........ 1,460,000

Contributions to the plan in 2014 ................ 160,000

Benefits paid retirees in 2014 ................ 206,000


Instructions

From the data above, compute the actual return on the plan assets for 2014.


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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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