Gingrich Importers provides the following pension plan information.

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E20-6 Gingrich Importers provides the following pension plan information.

 

Fair value of pension plan assets, January 1, 2014

 

$2,400,000

Fair value of pension plan assets, December 31, 2014

 

2,725,000

Contributions to the plan in 2014

 

280,000

Benefits paid retirees in 2014

 

350,000

 

From the data above, compute the actual return on the plan assets for 2014.

Actual return on plan assets for 2014 $

 

 

    • 8 years ago
    Gingrich Importers provides the following pension plan information.
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