Cullumber Company sponsors a defined benefit pension plan for its 600 employees. The companys actuary provided the following information about the plan.

Cullumber Company sponsors a defined benefit pension plan for its 600 employees. The companys actuary provided the following information about the plan.

		January 1,		December 31,
		2020		2020		2021
Projected benefit obligation		$2,780,000		$3,622,200		$4,163,976
Accumulated benefit obligation		1,900,000		2,441,000		2,904,000
Plan assets (fair value and market-related asset value)		1,700,000		2,896,000		3,753,000
Accumulated net (gain) or loss (for purposes of the corridor calculation)		0		196,000		(24,000	)
Discount rate (current settlement rate)				9	%	8	%
Actual and expected asset return rate				10	%	10	%
Contributions				1,026,000		567,400

The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $396,000 in 2020 and $472,000 in 2021. The accumulated OCI (PSC) on January 1, 2020, was $1,312,500. No benefits have been paid.

(a)

Compute the amount of accumulated OCI (PSC) to be amortized as a component of net periodic pension expense for each of the years 2020 and 2021.

Amount of accumulated OCI (PSC) to be amortized for the year 2020		$
Amount of accumulated OCI (PSC) to be amortized for the year 2021		$

The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $396,000 in 2020 and $472,000 in 2021. The accumulated OCI (PSC) on January 1, 2020, was $1,312,500. No benefits have been paid.