Question: Question 18 View Policies Current Attempt in Progress Blossom, Inc. sponsors a defined-beneft pension plan. The following data relates to the operation of the plan
Question 18 View Policies Current Attempt in Progress Blossom, Inc. sponsors a defined-beneft pension plan. The following data relates to the operation of the plan for the year 2021. 0 Service cost Contributions to the plan Actual return on plan assets Projected benefit obligation (beginning of year) Fair value of plan assets (beginning of year) $ 445000 430000 370000 4100000 ww ww www w The expected return on plan assets and the settlement rate were both 11%. The amount of pension expense reported for 2021 is $896000 $373000. $577000. $445000
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