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At the beginning of the current year, Miller Company has a net gainAccumulated Other Comprehensive Net Income of $30,000,000. The Projected Benefit Obligation and the
At the beginning of the current year, Miller Company has a net gainAccumulated Other Comprehensive Net Income of $30,000,000. The Projected Benefit Obligation and the plan assets are $225,000,000 and $175,000,000 respectively. The average remaining service period for the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year?
$500,000 |
$833,333 |
$1,500,000 |
$3,333,333 |
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