Crane Syrups Company provides the following pension plan information: Fair value of pension plan assets, January 1, 2025 Fair value of pension plan assets, December 31, 2025 Contributions to the plan in 2025 Benefits paid retirees in 2025 $1,215,000 1,424,000 157,000 204,000 From the data above, compute the actual return on the plan assets for 2025. Actual return on plan assets for 2025 $
Crane Syrups Company provides the following pension plan information: Fair value of pension plan assets, January 1, 2025 Fair value of pension plan assets, December 31, 2025 Contributions to the plan in 2025 Benefits paid retirees in 2025 $1,215,000 1,424,000 157,000 204,000 From the data above, compute the actual return on the plan assets for 2025. Actual return on plan assets for 2025 $
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter19: Accounting For Post Retirement Benefits
Section: Chapter Questions
Problem 7E
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![Crane Syrups Company provides the following pension plan information:
Fair value of pension plan assets, January 1, 2025
Fair value of pension plan assets, December 31, 2025
Contributions to the plan in 2025
Benefits paid retirees in 2025
$1,215,000
1,424,000
157,000
204,000
From the data above, compute the actual return on the plan assets for 2025.
Actual return on plan assets for 2025 $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F88e567a7-5593-4883-a6c5-92999a08094e%2F1a5dfb0f-7bc5-4454-a0c9-c419f800b1df%2Fcwr0xo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Crane Syrups Company provides the following pension plan information:
Fair value of pension plan assets, January 1, 2025
Fair value of pension plan assets, December 31, 2025
Contributions to the plan in 2025
Benefits paid retirees in 2025
$1,215,000
1,424,000
157,000
204,000
From the data above, compute the actual return on the plan assets for 2025.
Actual return on plan assets for 2025 $
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