Use the Following Information for Questions

question 47

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 2016 and benefits paid were $1,125,000.Lockett
estimates that the average remaining service life is 15 years.
-Assume that the actual return on plan assets in 2016 was $800,000.The gain on plan assets in 2016 was

• A)$191,000.
• B)$170,000.
• C)$149,000.
• D)$107,000.

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