Question: Question 16 Given the following items and amounts, compute the actual return on plan assets: fair value of plan assets at the beginning of the

Question 16

Given the following items and amounts, compute the actual return on plan assets: fair value of plan assets at the beginning of the period $9,510,000; benefits paid during the period $1,490,000; contributions made during the period $1,070,000; and fair value of the plan assets at the end of the period $10,050,000.

Actual return on plan assets $________

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