Pension data for Fahy Transportation Inc. include the following: ($ in millions) Discount rate, 7%...
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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 Plan assets (fair value), January 1 Plan assets (fair value), December 31 Benefit payments to retirees, December 31 $730 700 740 79 Required: Assuming cash contributions were made at the end of the year, what was the amount of those contributions? X Answer is complete but not entirely correct. Cash contributions $ 39 X million
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