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Business, 10.12.2019 05:31 GodlyGamer8239

The following pension-related data pertain to metro recreation’s noncontributory, defined benefit pension plan for 2018: ($ in 000s) jan. 1 dec. 31 projected benefit obligation $ 4,100 $ 4,380 accumulated benefit obligation 3,715 3,950 plan assets (fair value) 4,530 4,975 interest (discount) rate, 7% expected return on plan assets, 10% prior service cost—aoci (from dec. 31, 2017, amendment) 840 net loss—aoci 477 average remaining service life: 12 years gain due to changes in actuarial assumptions 44 contributions to pension fund (end of year) 340 pension benefits paid (end of year) 295 required: prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2018. (enter credit amounts with a minus sign and debit amounts with a positive sign. enter your answers in thousands (i. e. 200,000 should be entered as

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The following pension-related data pertain to metro recreation’s noncontributory, defined benefit pe...

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