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Presented Below Is Pension Information Related to Woods, Inc The Amount of Pension Expense to Be Reported for 2015

Question 78

Multiple Choice

Presented below is pension information related to Woods, Inc. for the year 2015:  Service cost $82,000 Interest on projected benefit obligation 54,000 Interest on vested benefits 24,000 Amortization of prior service cost due to increase in benefits 12,000 Expected return on plan assets 18,000\begin{array}{lr}\text { Service cost } & \$ 82,000 \\\text { Interest on projected benefit obligation } & 54,000 \\\text { Interest on vested benefits } & 24,000 \\\text { Amortization of prior service cost due to increase in benefits } & 12,000 \\\text { Expected return on plan assets } & 18,000\end{array} The amount of pension expense to be reported for 2015 is


A) $118,000.
B) $154,000.
C) $172,000.
D) $130,000.

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