(1) At 12/31/2020, Fox Co. has a net accumulated other comprehensivegainof $1,000,000 on its defined benefit worksheet with a projected benefit obligation and plan assets of $3,800,000 and $4,200,000 respectively. If the average employee service period is 20 years, what amount is amortized to decrease pension expense on Fox's 12/31/2021 worksheet?

A. $31,000

B. $29,000

C. $160,000

D. Pension Expense is increased, not decreased

(2) How should a sale of land resulting in a loss be reported in a statement of cash flows usingdirectmethod?

In investing activities as an increase of cash flows

In operating activities as an addition to net income

In operating activities as a deduction from net income

In investing activities as a decrease of cash flows