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table 3-1 talley inc pension plan year 7 year8 service cost 15,000 17,000 interest cost 9,000 10,000 actual return on plan assets 7,500 10,800




table 3-1
talley inc pension plan year 7 year8
service cost 15,000 17,000
interest cost 9,000 10,000
actual return on plan assets 7,500 10,800
beginning of year plan assets 100,000 120,000
settlement rate 8%

what is talle'y pension expense to be recorded for year 7?
(hint the expected return on plan assets equals beginning of year plan assets times the settlement rate)

a-15,000
b-16,000
c-16,500
d-24,000


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