New answer please. The one alreafy posted is unclear. Pension...
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New answer please. The one alreafy posted is unclear.
Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 7% Expected return on plan assets, 10% Actual return on plan assets, 11% Projected benefit obligation, January 1 $730 Plan assets (fair value), January 1 700 Plan assets (fair value), December 31 750 Benefit payments to retirees, December 31 66 Required: Assuming cash contributions were made at the end of the year, what was the amount of those contributions
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