Carla Vista

Carla Vista Corporation provides the following information about its defined benefit pension plan (in hundreds of thousands of dollars) for 2020: Actual return on plan assets $8 Current service cost Contributions from employer 22 Opening balance, DBO Benefits paid to retirees 10 Opening balance, plan assets Actuarial loss due to change in actuarial assumptions 15 At the end of the year, Carla Vista revised the terms of its pension plan, which resulted in past service costs of $35. Assuming that Carla Vista applies an 14% interest cost and follows IFRS, determine the company's 2020 pension expense and the effect of the pension plan on the company's shareholders' equity. (Enter answer in hundreds of thousands of dollars.) to Pension expense to be reported Remeasurement gain or loss (OCI) Effect on company's shareholders' equity Decrease in net income and shareholders' equi v