James Paul importers provides the following pension plan information:
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Fair value of pension plan assets, January 1, 2011
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$2,300,000
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Fair value of pension plan assets, December 31, 2011
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2,725,000
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Contributions to the plan in 2011
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250,000
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Benefits paid retirees in 2011
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350,000
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Instructions
From the data above, compute the actual return on the plan assets for 2011.