Bonita Corporation had a projected benefit obligation of $2,992,000 and plan assets of $3,156,000 at January 1, 2020. Bonita also had a net actuarial loss of $457,720 in accumulated OCI at January 1, 2020. The average remaining service period of Bonitas employees is 7.60 years. Compute Bonitas minimum amortization of the actuarial loss.

Minimum amortization of the actuarial loss =