Question: Buffalo Importers provides the following pension plan information.
Fair value of pension plan assets, January 1, 2017 |
|
$2,575,000 |
Fair value of pension plan assets, December 31, 2017 |
|
2,914,000 |
Contributions to the plan in 2017 |
|
299,000 |
Benefits paid retirees in 2017 |
|
366,000 |
From the data above, compute the actual return on the plan assets for 2017.
Actual return on plan assets for 2017 |
|
$
|