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Brief Exercise 20-8 Flounder Corporation has the following balances at December 31, 2017. Projected benefit obligation $2,523,000 Plan assets at fair value 1,968,000 Accumulated OCI

Brief Exercise 20-8 Flounder Corporation has the following balances at December 31, 2017. Projected benefit obligation $2,523,000 Plan assets at fair value 1,968,000 Accumulated OCI (PSC) 1,186,000 What is the amount for pension liability that should be reported on Flounder's balance sheet at December 31, 2017? Pension liability balance at December 31, 2017

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