Hall of Fame Co. has a defined benefit pension plan. Two alternative possibilities for pension-related data for the current calendar year are shown below: Case 1 Case 2 Net loss (gain), Jan. 1 $ (210,200 ) $ 192,000 Loss (gain) on plan assets (5,100 ) 1,100 Loss (gain) on PBO 11,100 (211,000 ) ABO, Jan. 1 (1,410,000 ) (1,260,000 ) PBO, Jan. 1 (1,610,000 ) (1,510,000 ) Plan assets, Jan.1 1,910,000 1,360,000 Average remaining service period of active employees (years) 12 10

Required:

1. For each independent case, calculate amortization of the net loss or gain that should be included as a component of pension expense for the current year.

2. Determine the net loss or gain as of December 31 of the current year.