Question: 4 Pension data for Manu Services Inc. include the following: Discount rate Expected return on plan assets 8% 9% Actual return on plan assets Service

4 Pension data for Manu Services Inc. include the following: Discount rate Expected return on plan assets 8% 9% Actual return on plan assets Service cost, 2020 10% 226040 Accumulated benefit obligation 1/1/20 1555840 Projected benefit obligation 1/1/20 2496940 Plan assets (fair value) 1/1/20 2994600 Prior service cost-AOCI 1/1/20 290081 Net gain-AOCI 1/1/20 260732 2020 Cash contributions to pension fund 269931 2020 Benefit payments to retirees 254695 On average, employees' remaining service life with the company is 10 years When recording the pension expense for 2020 for Manu, Plan Assets will be debited for $ Correct Answer: 269,514 5

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