How will this information be reported on Rabona’s balance sheet as of December 31, 2003?
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Pension plan information for Rabona Company is as follows:
31-Dec-03
Pension obligation liability
$3,000,000
31-Dec-03
Pension fund assets . .
$3,150,000.00
During 2003
Total pension expense
200,000
How will this information be reported on Rabona’s balance sheet as of December 31, 2003?
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