Exercise 20-13 Nash Company sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. January 1, 2017 December 31, 2017 Vested benefit obligation $1,390 $1,750 Accumulated benefit obligation 1,750 2,850 Projected benefit obligation 2,350 3,540 Plan assets (fair value) 1,820 2,550 Settlement rate and expected rate of return 10% Pension asset/liability 530 ? Service cost for the year 2017 440 Contributions (funding in 2017) 720 Benefits paid in 2017 220 Study (a) Compute the actual return on the plan assets in 2017. Actual return on the plan assets $ (b) Compute the amount of the other comprehensive income (G/L) as of December 31, 2017. (Assume the January 1, 2017, balance was zero) (Enter loss using either a negative sign preceding the number e.o. -45 or parentheses e.g. (45).) Net pension liability gains and losses $ (c) Compute the amount of net gain or loss amortization for 2017 (corridor approach). (a) Compute the actual return on the plan assets in 2017. Actual return on the plan assets (b) Compute the amount of the other comprehensive Income (G/L) as of December 31, 2017. (Assume the January 1, 2017, balance was zero.) (Enter loss using either a negative sign preceding the number eg.-45 or parentheses e.o. (45).) Net pension liability gains and losses $ (c) Compute the amount of net gain or loss amortization for 2017 (corridor approach). Net gain or loss amortization (d) Compute pension expense for 2017 Pension expense