Question: Information on an entity's plan assets is shown below: Fair value of plan assets, Jan 1 Return on plan assets Contributions to the retirement

Information on an entity's plan assets is shown below: Fair value of

Information on an entity's plan assets is shown below: Fair value of plan assets, Jan 1 Return on plan assets Contributions to the retirement fund during the year Benefits paid to retirees Actuarial loss 234,000 24,000 120,000 79,000 12,000 Compute for the balance of the fair value of plan assets as of year-end

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