Question: Question 10 View Policies Current Attempt in Progress The following information relates to the pension plan for the employees of Crane Co.: 1/1/20 12/31/20 12/31/21

 Question 10 View Policies Current Attempt in Progress The following information

Question 10 View Policies Current Attempt in Progress The following information relates to the pension plan for the employees of Crane Co.: 1/1/20 12/31/20 12/31/21 Accum. benefit obligation $ 10340000 $ 10760000 $ 13700000 Projected benefit obligation 10865000 11558000 15107000 Fair value of plan assets 10025000 12020000 13154000 AOCI - net (gain) or loss (1622000 ] (1790000 ] Settlement rate (for year) 11% 1 1% Expected rate of return (for year) 8%% 7% Crane estimates that the average remaining service life is 16 years. Crane's contribution was $1433000 in 2021 and benefits paid were $1097000. The actual return on plan assets in 2021 is $336000. $2231000. $1134000. $798000

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