Scallion Company Received the Following Reports on Its Defined Benefit

question 62

Multiple Choice

Scallion Company received the following reports on its defined benefit pension plan for the current calendar year: The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year?

• A)$197,000.
• B)$227,000.
• C)$172,000.
• D)$202,000.

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