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Business, 08.11.2019 21:31 Fhalcon543

The carrasco company has provided you the following information pertaining to its defined benefit pension plan that was adopted on january 1, 2018: the service cost was $750,000 during 2018 and $1,125,000 during 2019. the contribution to the pension plan was $600,000 on december 31, 2018 and $1,200,000 on december 31, 2019. the actuarially determined discount rate and the expected return on plan assets are both 10%. the actual return on plan assets was 10.5%. retirement benefits pertaining to years of service prior to 2018 were not granted to the employees.

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