Gingrich importers provides the following pension plan information.
E20-6 Gingrich Importers provides the following pension plan information.
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Fair value of pension plan assets, January 1, 2014 |
|
$2,400,000 |
|
Fair value of pension plan assets, December 31, 2014 |
|
2,725,000 |
|
Contributions to the plan in 2014 |
|
280,000 |
|
Benefits paid retirees in 2014 |
|
350,000 |
From the data above, compute the actual return on the plan assets for 2014.
Actual return on plan assets for 2014 $
