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Exercise 20-13 Sage Company sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. January 1, 2017 December 31,

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Exercise 20-13 Sage 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 $1,560 $2,020 Accumulated benefit obligation 2,020 2,780 Projected benefit obligation 2,620 3,290 Plan assets (fair value) 1,860 2,690 Settlement rate and expected rate of return 10 % Pension asset/liability 760 Service cost for the year 2017 410 Contributions (funding in 2017) 750 Benefits paid in 2017 190 (a) Compute the actual return on the plan assets in 2017. Actual return on the plan assets $ parentheses e.g. (45).) (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.g. -45 or 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 $ LINK TO TEXT LINK TO TEXT

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