Question: Sharp, Inc., reported the following items in the 2014 pension footnote. |Service cost|$976 million |Benefits paid to retirees|$155 million |Interest cost|$775 million |Actual returns on
Sharp, Inc., reported the following items in the 2014 pension footnote.
|Service cost|$976 million
|Benefits paid to retirees|$155 million
|Interest cost|$775 million
|Actual returns on invested assets|$1,003 million
|Expected returns on invested assets|$1,132 million
|Company contributions|$950 million
|Actuarial loss|$42 million
The increase in the company's plan assets during the year is:
A. $950 million
B. $1,953 million
C. $1,798 million
D. $1,927 million
Do not copy from Chegg and give complete answer with explanation
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