Question: Given the pension information in the table below, answer the following questions. Projected benefit obligation, 1/1/FY10 Pension Plan assets, 1/1/FY10 250,000 280,000 Service cost
Given the pension information in the table below, answer the following questions. Projected benefit obligation, 1/1/FY10 Pension Plan assets, 1/1/FY10 250,000 280,000 Service cost 20,000 Interest cost 25,000 Amortization of PSC 5,000 Increase in PBO due to change in actuarial 15,000 assumptions Expected rate of return on plan assets Contribution Benefits paid What is the amount of pension expense for fiscal year 10? 8% 31,000 23,000 a. $27,600 Ob. $22,600 Oc. $50,000 Od. More informaton is needed to answer the question
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