Use the Following Information for Questions

question 68

Multiple Choice

Use the following information for questions
The following information relates to the pension plan for the employees of Turner Co.:
Turner estimates that the average remaining service life is 16 years.Turner's contribution was $756,000 in 2016 and benefits paid were $564,000.
-The gain or loss on plan assets in 2016 is

• A)$96,000 gain.
• B)$201,360 loss.
• C)$230,400 loss.
• D)$68,000 gain.

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