A company's defined benefit pension plan had a PBO of $269,000 on Jan A company's defined benefit pension plan had a PBO | Página 4
Interest cost
39,000
Annual contribution
110,000
Benefits paid
(88,000)
Benefits paid
(88,000)
Balance, December
$573,00
Balance, December
$312,00
31
0
31
0
The long-term expected rate of return on plan assets is 10%. Assuming no other data are
relevant, what is the pension expense for the year?
$276,000.
$193,000.
$205,800.
$231,000.
The following information is related to the defined benefit pension plan of Dreamworld Company
for the year: