Will Rate immediately (Please be 1000% sure its correct answer):

22. The following data are for the pension plan for the employees of Lockett Company: 1/1/20 12/31/20 12/31/21 Accumulated benefit obligation $5,000,000 $5,200,000 $6,800,000 Projected benefit obligation 5,400,000 5,600,000 7,400,000 Plan assets (at fair value) 4,600,000 6,000,000 6,600,000 AOCI net loss 960,000 1,000,000 Settlement rate (for year) Expected rate of return (for year) 8% Lockett's contribution was $840,000 in 2021 and benefits paid were $750,000. Lockett estimates that the average remaining service life is 15 years. -0- 10% 9% 7% The actual return on plan assets in 2021 was a. $600,000. b. $510,000. c. $400,000. d. $310,000. 22. A property dividend should be recorded in retained earnings at the property's: a. Market value at date of declaration. b. Book value at date of declaration. c. Book value at date of issuance (payment). d. Market value at date of issuance (payment). 24. Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $520,000. How much of the proceeds would be allocated to the common stock? a. $250,000 b. $236,364 c. $283,636 d. $276,250