Question Set no e Chapter 17-Pensions and Other Postretirement Benefits Testlet 1 of 1 28 40 MINUTES SECONDS Unspit Spit Ha Pension Journal Entries Authoritative Literature ot cut | Copy Paste The following information is for Ridge Company's defined benefit pension plan for Year 4 Facts PBO, 12/31/Y3 Fair value of plan assets, 12/31/Y3 840 870,000 920,000 975,000 Fair value of plan assets, 12/31/Y4 Contributions to the plan Benefits paid by the plan Unrecognized prior service cost Service cost 166,000 285,000 125,000 Average remaining service life 15 Tax rate Discount rate Actual rate of return Expected rate of return 40% 4% 5% 4 5% Ridge Company expects to pay benefits of $210,000 in Year 5 and has elected to recognize gains and losses in other comprehensive income in the period incurred 12 3 YReminder Directions MacBook Pro Question Set no e Chapter 17-Pensions and Other Postretirement Benefits Testlet 1 of 1 28 40 MINUTES SECONDS Unspit Spit Ha Pension Journal Entries Authoritative Literature ot cut | Copy Paste The following information is for Ridge Company's defined benefit pension plan for Year 4 Facts PBO, 12/31/Y3 Fair value of plan assets, 12/31/Y3 840 870,000 920,000 975,000 Fair value of plan assets, 12/31/Y4 Contributions to the plan Benefits paid by the plan Unrecognized prior service cost Service cost 166,000 285,000 125,000 Average remaining service life 15 Tax rate Discount rate Actual rate of return Expected rate of return 40% 4% 5% 4 5% Ridge Company expects to pay benefits of $210,000 in Year 5 and has elected to recognize gains and losses in other comprehensive income in the period incurred 12 3 YReminder Directions MacBook Pro