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	$	(219,000	)		$	200,000
Loss (gain) on plan assets		(5,500	)			1,500
Loss (gain) on PBO		11,500				(215,000	)
ABO, Jan. 1		(1,450,000	)			(1,300,000	)
PBO, Jan. 1		(1,650,000	)			(1,550,000	)
Plan assets, Jan.1		1,950,000				1,400,000
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.