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B E F G H 1 The following information relates to the pension plan for the employees of Turner Co.: 2 1/1/17 12/31/17 3 Accum.
B E F G H 1 The following information relates to the pension plan for the employees of Turner Co.: 2 1/1/17 12/31/17 3 Accum. benefit obligati 4 Projected benefit oblig $9.240,000 9,765,000 $9,660,000 10,458,000 5 Fair value of plan asset 8,925,000 10,920,000 12/31/18 $12,600,000 14,007,000 12,054,000 6 AOCI-net (gain) or los -0- 1,512,000 -1,680,000 7 Settlement rate (for year) 11% 11% 8% 8 Expected rate of return (for year). 9 10 11 12 13 7% Turner 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. Calculate the amount of AOCI (net gain) amortized in 2018. 14 15 16 17 18 19 20 295928
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