on january 2026 peabody company has the following balances: projected benefit obligation $4,500,000 fair value of plan assets $6,000,000 other data related to the pension plan for 2026 are: service cost $300,000 interest cost $550,000 prior service cost incurred this year from plan modification $1,000,000 plan contributions by employer $400,000 benefits paid to retirees $825,000 actual and expected return on plan assets $395,000 what is the fair value of the plan assets on december 31 2026?

on january 2026 peabody company has the following balances: projected benefit obligation $4,500,000 fair value of plan assets $6,000,000 other data related to the pension plan for 2026 are: service cost $300,000 interest cost $550,000 prior service cost incurred this year from plan modification $1,000,000 plan contributions by employer $400,000 benefits paid to retirees $825,000 actual and expected return on plan assets $395,000 what is the fair value of the plan assets on december 31 2026?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter19: Accounting For Post Retirement Benefits

Section: Chapter Questions

Problem 6RE

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