Question: TIMED TASK NEED HELP ASAP, THANK YOU! The following information is made available in relation to the defined benefit plan of Marcos Company for the

 TIMED TASK NEED HELP ASAP, THANK YOU! The following information is

TIMED TASK NEED HELP ASAP, THANK YOU!

The following information is made available in relation to the defined benefit plan of Marcos Company for the year 2022: Current service cost 200,000 Fair value of plan assets, 12/31/22 4,000,000 Asset ceiling, 1/1/22 200,000 Fair value of plant assets, 1/1/22 2,000,000 Contribution to the plan 700,000 Discount rate 12% Defined Benefit obligation, 12/31/22 3,440,000 Asset ceiling, 12/31/22 340,000 Benefits paid to retirees 400,000 Defined benefit obligation, 1/1/22 1,700,000 How much is the actual return on plan assets that should be taken to other comprehensive income? 1,220,000 1,700,000 240,000 O 1,460,000

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