Brief Exercise 20-7

Sweet Corporation had a projected benefit obligation of $2,793,000 and plan assets of $2,993,000 at January 1, 2017. Sweet also had a net actuarial loss of $444,800 in accumulated OCI at January 1, 2017. The average remaining service period of Sweets employees is 7.50 years. Compute Sweets minimum amortization of the actuarial loss.

Minimum amortization of the actuarial loss

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