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Flounder Corporation had a projected benefit obligation of $3,264,000 and plan assets of $3,473,000 at January 1, 2020. Flounder also had a net actuarial loss
Flounder Corporation had a projected benefit obligation of $3,264,000 and plan assets of $3,473,000 at January 1, 2020. Flounder also had a net actuarial loss of $489,800 in accumulated OCI at January 1, 2020. The average remaining service period of Flounders employees is 7.50 years. Compute Flounders minimum amortization of the actuarial loss. Minimum amortization of the actuarial loss $enter Flounders minimum amortization of the actuarial loss
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