Question: Please explain how you got your answer 3) Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January

Please explain how you got your answer
Please explain how you got your answer 3) Pension data for Goldman

3) Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of prior service cost Amortization of net loss Discount rate, 6% Expected return on plan assets, 8% Actual return on plan assets, 10% $134,000 680,000 730,000 5300 1300 Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.) Pension Expense Pension expense

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