Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 8% Expected return on plan assets, 11% Actual return on plan assets, 12% Projected benefit obligation, January 1 $ 780 Plan assets (fair value), January 1 750 Plan assets (fair value), December 31 800 Benefit payments to retirees, December 31 71 Required: Assuming cash contributions were made at the end of the year, what was the amount of those contributions
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Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 8% E...
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