The following pension information is for three different companies. For each company, compute the missing amount or amounts.
|
Company 1 |
Company 2 |
Company 3 |
|
|
Pension fund assets |
$100,000 |
$75,000 |
$ (e) |
|
Pension obligation liability |
(a) |
80,000 |
100,000 |
|
Net pension asset (liability). |
20,000 |
(c) |
(25,000) |
|
Pension related interest cost. |
10,000 |
(d) |
$20,000 |
|
Service cost |
8,000 |
6,000 |
23,000 |
|
Return on pension plan assets |
$5,000 |
8,000 |
(f) |
|
Pension expense |
(b) |
10,000 |
35,000 |