Question: Please help, thank you! View Policies Current Attempt in Progress Towson Company has experienced tough competition for its talented workforce, leading it to enhance the

Please help, thank you! Please help, thank you! View Policies Current Attempt in Progress Towson Company

View Policies Current Attempt in Progress Towson Company has experienced tough competition for its talented workforce, leading it to enhance the pension benefits provided to employees. As a result, Towson amended its pension plan on January 1, 2017, and granted past service costs of $250,000. Current service cost for 2017 is $52,000. Interest expense is $18,000, and interest revenue is $5.000. Actual return on assets in 2017 is $3.000. What is Towson's pension expense for 2017? $65.000 O $302.000. $317,000. O $315,000

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