Question: Exercise 19-12 (Algorithmic) (LO, 4) Sergio has participated for 7 years in a defined benefit plan and has 8 years of service with his employer.

Exercise 19-12 (Algorithmic) (LO, 4) Sergio has participated for 7 years in a defined benefit plan and has 8 years of service with his employer. His average compensation for the three highest years is $193,200. If required, round your computations to the nearest dollar. Sergio's dollar limit on annual benefits is $

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