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Check my work Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2021, are shown below:
Check my work Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2021, are shown below: Net loss (gain)-AICI, Jan. 1 2021 loss gain) on plan assets 2021 loss gain) on PBO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan. 1 Fair value of plan assets, Jan. 1 Average remaining service periud of active employees (years! is in thousands) Case i Case 2 Case 3 $ 337 S (407) $ 297 (28) (25) (40) (301) (3,120) (2,720) 11,620) 13,480) 12,840) 1,990 2,970 2,870 1 , 720 12 15 10 Required: 1. For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2021. 2. For each independent case, determine the net loss-AOCI ar net gain-AOCI as of January 1, 2022. Complete this question by entering your answers in the tabs below. Required i Required 2 For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2021. (Input all amounts as positive values.) ($ In thousands) Case 1 Case 2 $ 337 $ 407 Case 3 $ 297 Net gain or loss Less: Corridor amount Excess, if any Service period (years) Amortization of gain or loss Required 2 >
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