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Assume that at the beginning of the current year, Hankins Company has a net gainAOCI of $60,400,000. At the same time, assume the PBO and
Assume that at the beginning of the current year, Hankins Company has a net gainAOCI of $60,400,000. At the same time, assume the PBO and the plan assets are $317,000,000 and $454,500,000, respectively. The average remaining service period for the employees expected to receive benefits is 10 years. What is the amount of amortization to pension expense for the year?
Choices are
1485000
13750000
1495000
6040000
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