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5.(10 points) At the end of 2020, after recording pension expense, Julliard Co. has the following balances: Accumulated OCI-Pension Gain/Loss: $14,400 (debit) Projected Benefit Obligation:

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5.(10 points) At the end of 2020, after recording pension expense, Julliard Co. has the following balances: Accumulated OCI-Pension Gain/Loss: $14,400 (debit) Projected Benefit Obligation: $240,000 (credit) During the year 2021, Julliard Co. experienced a $1,200 actuarial gain on its PBO and an unexpected loss on plan assets of $192. Net income for the year totaled $9,120. Julliard Co. did not record amortization expense on the pension gain/loss because the beginning balance in Accumulated OCH Pension Gain/Loss did not exceed the corridor. The company has no other items affecting OCI besides pension related items Required a. What is Julliard's other comprehensive income for 2021, reported in the financial statements ? b. What is Julliard's comprehensive income for 2021, reported in the financial statements? c. What is the balance of accumulated other comprehensive income as of December 31, 2021. reported in the financial statements? 5.(10 points) At the end of 2020, after recording pension expense, Julliard Co. has the following balances: Accumulated OCI-Pension Gain/Loss: $14,400 (debit) Projected Benefit Obligation: $240,000 (credit) During the year 2021, Julliard Co. experienced a $1,200 actuarial gain on its PBO and an unexpected loss on plan assets of $192. Net income for the year totaled $9,120. Julliard Co. did not record amortization expense on the pension gain/loss because the beginning balance in Accumulated OCH Pension Gain/Loss did not exceed the corridor. The company has no other items affecting OCI besides pension related items Required a. What is Julliard's other comprehensive income for 2021, reported in the financial statements ? b. What is Julliard's comprehensive income for 2021, reported in the financial statements? c. What is the balance of accumulated other comprehensive income as of December 31, 2021. reported in the financial statements

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