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 actual return on plan assets in 2008 is

Question

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 actual return on plan assets in 2008 is

Quizplus · Accepted Answer

($6,888,000 - $6,240,000) - ($756,000 - $564,000) = $456,000.

The Following Information Relates to the Pension Plan for the Employees