EMPLOYEE BENEFITS

DINA ENG Company reported a prepaid benefit cost of

$P1,500,000$ on January $1,2016.$ The entity provided the

following information related to a defined plan during the

current year:

$(1)$ What is the $2016$ benefit expense?

$(2)$ What is the fair value of the plan assets at December $31?$

$(3)$ What is the projected benefit obligation at December $31?$

$(4)$ What is the net remeasurement gain or loss in OCl?