Erickson Company sponsors a defined benefit pension plan. The corporation??s actuary provides the following information about the

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Erickson Company sponsors a defined benefit pension plan. The corporation??s actuary provides the following information about the plan.

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Instructions(a) Compute the actual return on the plan assets in 2012.(b) Compute the amount of the other comprehensive income (G/L) as of December 31, 2012. (Assume the January 1, 2012, balance was zero.)(c) Compute the amount of net gain or loss amortization for 2012 (corridor approach).(d) Compute pension expense for2012.

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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