1. Bingo Land Inc. has a defined benefit pension for their employees. For the fiscal year 2019, the PBO beginning balance was $1,800. During the year, Service cost was $400. There was a Loss on PBO of ($150) during the year. The discount rate used by the actuaries is 6%. Plan assets had a beginning balance of $1,200 for 2019. The plan return was $ 144 with an expected return of $96 for the year. The net loss on pension beginning balance was ($50) at 1/1/2019. Bingo Land contributed $ 50 to plan assets at the end of the year. What is the balance in Net pension Gain/(Loss) as of 12/31/2019?

2. Big Box Inc. reported a net operating loss of ($ 150) for the year ended 12/31/2018. Their business had a bit of a turnaround in 2019 and they had a profitable year. As the accountants worked through year-end, they calculated Big Box had taxable income of $100. They companys corporate tax rate is 30%. Based on this information, what is Big Boxs taxes payable for 2019?

2a. Big Box Inc. reported a net operating loss of ($ 150) for the year ended 12/31/2018. Their business had a bit of a turnaround in 2019 and they had a profitable year. As the accountants worked through year-end, they calculated Big Box had taxable income of $100. They companys corporate tax rate is 30%. How many more years can Big Box carry forward this net operating loss after 2019?

3. AAM has a complex capital structure. Net income available to common shareholders this year is $1,378,500 and, for basic EPS, the weighted average common shares outstanding is 234,000. AAM also has preferred shareholders that who able to convert their preferred shares to 48,000 common shares (but have not done so). They preferred shareholders have claim to a $20,000 declared cash dividend. AAM has an outstanding bond, Bond A, that was sold at face value of $250,000 with an 8% annual coupon rate. Those bonds are convertible to 24,000 shares of common stock (but were not converted). Finally, AAA also has Bond B, sold at face value of $1,000,000 with a 10% coupon rate. Those bonds are convertible to 25,000 shares of common stock (but were not converted). AAMs statutory tax rate is 30%. What is AAMs basic earnings per share?