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ES Question 11 The following information relates to the pension plan for the employees of Cullumber Co.: 1/1/20 12/31/20 12/31/21 Accum. benefit obligation $9340000 $
ES Question 11 The following information relates to the pension plan for the employees of Cullumber Co.: 1/1/20 12/31/20 12/31/21 Accum. benefit obligation $9340000 $ 9760000 $12700000 Projected benefit obligation 9865000 10558000 14107000 Fair value of plan assets 9025000 11020000 12154000 AOCI - net (gain) or loss -0 (1522000) (1690000) Settlement rate (for year) 9% 9% Expected rate of return (for year) 9% 8% Cullumber estimates that the average remaining service life is 16 years. Cullumber's contribution was $1333000 in 2021 and benefits paid were $997000. The corridor for 2021 is $881600. $1128560. $1269630. $1102000 Click if you would like to Show Work for this question: Open Show Work Question Attempts: of 1 used
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