Question
Calder Company has a defined benefit pension plan. Pension-related data for the current calendar year are shown below: Average remaining service period of active employees12yearsNet
Calder Company has a defined benefit pension plan. Pension-related data for the current calendar year are shown below:
Average remaining service period of active employees12yearsNet gain, January 1$214,600PBO, January 11,630,000Plan assets, January 11,930,000
What is the amount of the amortization of the net loss or gain that should be included as a component of pension expense for the current year?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
