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QUESTION
E20-6 (Computation of Actual Return) Gingrich Importers provides the following pension plan information.
E20-6 (Computation of Actual Return) Gingrich Importers provides the following pension plan information.Fair value of pension plan assets, January 1, 2012 $2,400,000Fair value of pension plan assets, December 31, 2012 2,725,000Contributions to the plan in 2012 280,000Benefits paid retirees in 2012 350,000Instructions From the data above, compute the actual return on the plan assets for 2012.
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