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could you put all the solutions, thank you! Sequoia Corporation has a defined benefit pension plan. Sequoia received the following information for the current calendar

could you put all the solutions, thank you!

Sequoia Corporation has a defined benefit pension plan. Sequoia received the following information for the current calendar year:

The expected long-term return on plan assets is 10%. Other relevant data for the year:

(1) As of January 1, the balance in AOCI- net pension losses is $90,000,000, and the average remaining service life of active employees is 10 years at that date.

(2) As of January 1, the balance in AOCI - prior service cost is $28,000,000, and the average remaining service life of affected employees is 4 years at that date.

Required:

Determine the pension expense for the year

Prepare the companys journal entries related to its pension plan.

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