Question description
(TCO C) Presented below is pension information related to Amazing Goods, Inc. for the year 2013. Service cost $115,000 Interest on projected benefit obligation $60,000 Interest on vested benefits $32,000 Amortization of prior service cost due to increase in benefits $17,000 Expected return on plan assets $60,000 The amount of pension expense to be reported for 2013 is (TCO F) Amazing Glory, Inc. recognized a net income of $206,300
including $32,000 in depreciation expense. Additional changes from the balance sheet are as follows. Accounts Receivable $2,500 decrease Prepaid Expenses $14,000 decrease Inventory $7,000 increase Accrued Liabilities $9,000 decrease Accounts Payable $21,600 increase Compute the net cash from operating activities based on the above information
~~~For this or similar assignment papers~~~