Gingrich importers provides the following pension plan information.
E20-6 Gingrich Importers provides the following pension plan information.
Fair value of pension plan assets, January 1, 2014 |
| $2,400,000 |
Fair value of pension plan assets, December 31, 2014 |
| 2,725,000 |
Contributions to the plan in 2014 |
| 280,000 |
Benefits paid retirees in 2014 |
| 350,000 |
From the data above, compute the actual return on the plan assets for 2014.
Actual return on plan assets for 2014 $
