Use the Following Information for Questions 88 and 89

question 119

Multiple Choice

Use the following information for questions 88 and 89.
The following information relates to Jackson, Inc.:
-The amount reported as the liability for pensions on the December 31, 2015 balance sheet is

• A) $ -0-.
• B) $110,000.
• C) $1,934,000.
• D) $420,000.

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