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Use the Following Information for Questions

Question 64

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Use the following information for questions
The following information relates to the pension plan for the employees of Turner Co.: Use the following information for questions The following information relates to the pension plan for the employees of Turner Co.: Turner estimates that the average remaining service life is 16 years.Turner's contribution was $756,000 in 2016 and benefits paid were $564,000. -The net interest amount for 2016 is A) $122,760 loss. B) $30,800 gain. C) $122,766 gain D) $38,800 loss.
Turner estimates that the average remaining service life is 16 years.Turner's contribution was $756,000 in 2016 and benefits paid were $564,000.
-The net interest amount for 2016 is


A) $122,760 loss.
B) $30,800 gain.
C) $122,766 gain
D) $38,800 loss.

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