Use the Following Information for Questions

question 71

Multiple Choice

Use the following information for questions.
The following data are for the pension plan for the employees of Lockett Company.

Lockett's contribution was $1,260,000 in 2011 and benefits paid were $1,125,000.Lockett
estimates that the average remaining service life is 15 years.
-The actual return on plan assets in 2011 was

• A)$900,000.
• B)$765,000.
• C)$600,000.
• D)$465,000.

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