Beginning PBO $860,000

Beginning plan assets 770,000

Beginning prior service cost 156,000

Actual return on plan assets 62,000

Actuarial gain 5,100

Benefits paid 37,000

Contributions 31,000

Service cost 16,000

Discount rate 3%

Expected return 5%

Service life 13 years

1. What is the ending plan asset balance?

1. $802,500
2. $826,000
3. $795,000
4. $863,000

2. What is the ending net gain or loss in AOCI?

1. $28,600 gain
2. $18,400 gain
3. $18,400 loss
4. $33,400 loss