Homework Answers
SOLUTION
Correct option is Option B i.e. $150,000
The actual return on plan assets is based on the fair value of plan assets at the beginning and end of the accounting period adjusted for contributions and payments during the period.
Actual return = Fair value of plan assets at 12/31 - Fair value of plan assets at 1/1 - Employer contributions + Benefits paid
= $525,000 - 350,000 - 110,000 + 85,000
= 150,000
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