A company reported $430,000 of pension expense in its income statement.The balance sheet showed that the pension liability increased by $29,000 over the year.
Requirement:
How much cash was paid to the pension trustee during the period?

Question

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The Answer of A company reported $430,000 of pension expense in its income statement.The balance sheet showed that the pension liability increased by $29,000 over the year.
Requirement:
How much cash was paid to the pension trustee during the period?

A Company Reported $430,000 of Pension Expense in Its Income