40 View Policies Current Attempt in Progress Bonita Inc. has beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. 2019 2020 2021 2022 Projected Benefit Obligation $900,000 1.125,000 1.440,000 1.890.000 Plan Assets Value $810.000 990.000 1.305,000 1,800,000 The average remaining service life per employee in 2019 and 2020 is 8 years and in 2021 and 2022 is 11 years. The net gain or loss that occurred during each year is as follows: 2019.5148.500 gain; 2020, 536.000 gair: 2021. 527.000 loss; and 2022. $13.500 loss. (In working the solution, the gains and losses must be aggregated to arrive at year-end balances) Using the corridor approach compute the amount of net gain or loss amortized and charged to pension expense in each of the 4 years, setting up an appropriate schedule. Year Minimum Amortization of Loss 2019 2020 2019 2020 2021 2022 Projected Benefit Obligation $900.000 1,125.000 1.440,000 1,890,000 Plan Assets Value $810,000 990,000 1,305,000 1,800,000 The average remaining service life per employee in 2019 and 2020 is 8 years and in 2021 and 2022 is 11 years. The net gain or loss that occurred during each year is as follows: 2019, 5148,500 gain: 2020,$36.000 gain: 2021. $27,000 loss and 2022. $13,500 loss. In working the solution, the gains and losses must be aggregated to arrive at year-end balances.) Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the 4 years, setting up an appropriate schedule. Minimum Amortization of Loss Year 2019 s 2020 S 2021 s 2022 S