Buffalo Co. has the following defined benefit pension plan balances on January 1, 2020.
Projected benefit obligation $4,562,000
Fair value of plan assets 4,562,000
The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $601,000 are created. Other data related to the pension plan are:
2020 2021
Service Cost $149,000 $169,000
Prior service cost amortization 0 90,000
Contributions (funding) to the plan 199,000 183,000
Benefits paid 220,000 283,000
Actual return on plan assets 253,000 350,000
Expected rate of return on assets 6% 8%
Required:
a. Prepare a pension worksheet for the pension plan in 2020. (Enter all amounts as positive.)

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?

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