The following information is related to the defined benefit pension plan of Melissa Larson Company for the year: Service cost $ 94,000 Contributions to pension plan 147,000 Benefits paid to retirees 116,000 Plan assets (fair value), January 1 549,000 Plan assets (fair value), December 31 662,000 Actual return on plan assets 82,000 PBO, January 1 810,000 PBO, December 31 869,000 Discount rate 10 % Long-term expected return on plan assets 9 % Assuming no other relevant data exist, what is the pension expense for the year

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year