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ractice Assignment Gradebook ORION Downloadable eTextbook ignment Exercise 20-6 X Your answer is incorrect. Try again. Bonit
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Answer #1
Fair value of plan assets at 12/31/17 $2,731,000
Fair value of plan assets at 1/1/17 ($2,438,000)
Increase in fair value of plan assets $293,000
Deduct: Contributions to plan during 2017 $289,000
  Less benefits paid during 2017 $365,000 ($76,000)
Actual return on plan assets for 2017 $369,000
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