Question: Pension data for Barry Financial Services Inc. include the following: ($ in 000s) Discount rate, 7% Expected return on plan assets, 13% Actual return on
| Pension data for Barry Financial Services Inc. include the following: |
| ($ in 000s) | |||
| Discount rate, 7% | |||
| Expected return on plan assets, 13% | |||
| Actual return on plan assets, 12% | |||
| Service cost, 2013 | $ | 430 | |
| January 1, 2013: | |||
| Projected benefit obligation | 2,900 | ||
| Accumulated benefit obligation | 2,600 | ||
| Plan assets (fair value) | 3,000 | ||
| Prior service cost | |||
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