Please help, thank you! View Policies Current Attempt in Progress Towson Company has experienced...
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View Policies Current Attempt in Progress Towson Company has experienced tough competition for its talented workforce, leading it to enhance the pension benefits provided to employees. As a result, Towson amended its pension plan on January 1, 2017, and granted past service costs of $250,000. Current service cost for 2017 is $52,000. Interest expense is $18,000, and interest revenue is $5.000. Actual return on assets in 2017 is $3.000. What is Towson's pension expense for 2017? $65.000 O $302.000. $317,000. O $315,000
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