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Crane Corporation amended its pension plan on January 1, 2017, and granted $152,100 of prior service costs to its employees. The employees are expected to
Crane Corporation amended its pension plan on January 1, 2017, and granted $152,100 of prior service costs to its employees. The employees are expected to provide 1,950 service years in the future, with 360 service years in 2017. Compute prior service cost amortization for 2017.
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