Question: Question 2 4 points M-Howard Inc. has a defined benefit pension plan on December 31 (the end of the fiscal year), the company received the

 Question 2 4 points M-Howard Inc. has a defined benefit pension

Question 2 4 points M-Howard Inc. has a defined benefit pension plan on December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report onding PBO 5213,723, benefits paid to retirees, $50,351;interest cost, $12.425. There was no amortization of any prior service costs or mortization of gains/losses. The discount rate applied by the actuary was 7%. What was the service cost

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