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Blossom Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. Projected Benefit Obligation 2024

Blossom Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. Projected Benefit Obligation 2024 $2,460,000 $2,337,000 2025 2026 2027 2024 2,952,000 2025 3,628,500 4,428,000 2026 The average remaining service life per employee in 2024 and 2025 is 10 years; and in 2026 and 2027, is 12 years. The net gain or loss that occurred during each year is as follows: 2024, $344,400 loss; 2025, $110,700 loss; 2026, $13,530 loss; and 2027, $30,750 gain. (In working the solution, the gains and losses must be aggregated to arrive at year-end balances.) 2027 Plan Assets Value Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four years, setting up an appropriate schedule. (Do not leave any answer field blank. Enter O for amounts.) 3,075,000 Year Minimum Amortization of Loss 3,198,000 $ 3,690,000 34440 23370 8097.5 3690 SUPPO
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The average remaining service life ger emoloyee in 2024 and 2025 is 10 vears; and in 2026 and 2027 , is 12 years. The net gain or loss that occurred during each year is as follows; 2024 . $344,400 loss: 2025,\$110,700 loss; 2026,\$13,530 loss: and 2027,\$30,750 gain (lin working the solution, the eains and losses must be aperegated to arrive at year-end balances) Using the corridor approach, compute the amount of net gain or loss amortized and churged to pension expense in exch of the four vears, setting up an aspropriate schedule. (Do not ieove ony answer field blank Enter Ofor anounds]

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