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Business, 23.09.2019 21:30 sydc1215

The following information is related to the defined benefit pension plan of dreamworld company for the year: service cost $ 61,000 contributions to pension plan 111,000 benefits paid to retirees 156,000 plan assets (fair value), january 1 643,000 plan assets (fair value), december 31 750,000 actual return on plan assets 152,000 pbo, january 1 910,000 pbo, december 31 906,000 discount rate 10 % long-term expected return on plan assets 9 % assuming no other relevant data exist, what is the pension expense for the year?

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