9. Barton, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31, 2018 January 1, 2018 December 31, 2018 Fair value of pension plan assets $5,600,000 $6,000,000 Projected benefit obligation 6,400,000 6,880,000 Accumulated benefit obligation 1.120,000 1,360,000 Accumulated OCI - (Gains / Losses) (120,000) The service cost component of pension expense for 2018 is $600,000 and the amortization of prior service cost due to an increase in benefits is $80,000. The settlement rate is 10% and the expected rate of return is 9%. What is the amount of pension expense for 2018? A) $828.000 B) $600,000 C) $696,000 D) $816,000 Use the following to answer question 10: The following information relates to the pension plan for the employees of Tumer Co.: 11/17 12/31/17 12/31/18 Accum, benefit obligation $9,240,000 $9,660,000 $12,600.000 Projected benefit obligation 9,765,000 10,458,000 14,338.000 Fair value of plan assets 8,925.000 10.920,000 12,054,000 AOCI -net (gain) or loss O- (1.512,000) (1.680,000) Settlement rate (for year) 119 11% Expected rate of return (for year) 7% Tumer estimates that the average remaining service life is 16 years. Turner's contribution was $1,323,000 in 2018 and benefits paid were $987,000. 89 10. The corridor for 2018 is A) $1,400,700 B) $1,186,500 C) $1,083.600. D) $1,092,000. Page 3