Hunt syrups company provides the following pension plan, Basic Statistics

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Hunt syrups company provides the following pension plan

(Computation of Actual Return)

Hunt Syrups Company provides the following pension plan information.

Fair value of pension plan assets, January 1, 2014 $1,250,000

Fair value of pension plan assets, December 31, 2014 1,460,000

Contributions to the plan in 2014 160,000

Benefits paid retirees in 2014 206,000

Instructions

From the data above, compute the actual return on the plan assets for 2014.

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Basic Statistics: Hunt syrups company provides the following pension plan

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Basic Statistics: Hunt syrups company provides the following pension plan

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