Question: inces Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 (the end of Beale's fiscal year), the following pension-related data

inces Beale Management has a noncontributory, defined benefit pension plan. On December

inces Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 (the end of Beale's fiscal year), the following pension-related data were available Projected Benefis ligation Balance, January 1, 2021 Service cost Interest cost, discount rate, S Galn due to changes in actuarial assumptions in 2021 Pension benefits pald Balante, December 31, 2021 2 24 (10) [40) 536 Plan Assets Balance, January 1, 2021 Actual reture on plan assets (Expected return on plan assets, $45) Cash contributions Pension benefits paid Balance, December 31, 2021 Pension asset Prior service cost-DC (amortisation $8 per year) et gain-ADCI (any amortization over 15 years) C $500 (40) $370 $20 48

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