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The Following Information Relates to the Pension Plan for the Employees

Question 29

Multiple Choice

The following information relates to the pension plan for the employees of Polzin Co.:
The following information relates to the pension plan for the employees of Polzin Co.: Polzin estimates that the average remaining service life is 16 years. Polzin's contribution was $756,000 in 2008 and benefits paid were $564,000. -The interest cost for 2008 is A) $537,840. B) $607,200. C) $657,360. D) $880,440. Polzin estimates that the average remaining service life is 16 years. Polzin's contribution was $756,000 in 2008 and benefits paid were $564,000.
-The interest cost for 2008 is


A) $537,840.
B) $607,200.
C) $657,360.
D) $880,440.

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