The following information pertains to Lee Corp.’s defined benefit pension plan for Year 1:Service cost $160,000Actual and expected gain on plan assets 35,000 Unexpected loss on plan assets related to a Year 1 disposal of a subsidiary 40,000 Amortization of prior service cost 5,000Annual interest on pension obligation 50,000What amount must Lee report as pension expense in its Year 1 income statement?

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency, government intervention can improve overall welfare o markets allocate goodseffectively