(Answered) Problem - brunson corporation pension plan information for

Accounting

Problem - Brunson Corporation pension plan Information for current fiscal year

Beginning balance of plan assests at market value $1,560,000

actual return on plan assets $ 210,000

employer's contribution $ 150,000

distribution to beneficiaries $ 75,000

service cost $ 125,000

interest cost $ 156,000

changes in benefits and assumptions $ 35,000

beginning balance of the PBO $1,580,000

Required -

What is the ending balance of plan assets?

What is the ending balance of the PBO?

Is the pension plan overfunded or underfunded and buy how much?

Where will this overfunding or underfunding of the plan be disclosed?

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