Question: The following information is available for Jack Borke Corporation for 2008. Service cost ...............$29,000 Interest on projected benefit obligation .......22,000 Return on plan assets ..............20,000

The following information is available for Jack Borke Corporation for 2008.
Service cost ...............$29,000
Interest on projected benefit obligation .......22,000
Return on plan assets ..............20,000
Amortization of prior service cost .........15,200
Compute Borke’s 2008 pension expense.

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