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5 3 Exercise 17-15 (Algo) Pension spreadsheet (LO17-8) +000 A partially completed pension spreadsheet showing the relationships among the elements that compose the defided
5 3 Exercise 17-15 (Algo) Pension spreadsheet (LO17-8) +000 A partially completed pension spreadsheet showing the relationships among the elements that compose the defided benefit pension plan of Universal Products is given below. The actuary's discount rate is 5% At the end of 2015 the pension forms was amended creating a prior service cost of $180,000. The expected rate of return on assets was 8% and the average remaining service ie of the active employee group as 20 years in the current year as well as the previous two years Required: Fill in the missing amounts. (Enter your answers in thousands rounded to 1 decimal place) Service Net Lase (in thousands PRO Assett Cost-AOCI AOC 2005 4800 1 1710 5 Expense 121.00 Balance Jan 1, 2021 Service co interest cost 5% Expected tum on assets Adjust for Loss one Amortization Por service cost Amortization Net loss Gain on PBO Prior servical cost 110 $ 1140 040 Help Seve & Subm Check my w
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