Hamel Inc. follows IFRS and offers a defined benefit pension plan to its employees. Hamei made contributions to the plan and payments to the retirees at the end of the year. Other pertinent details for the year ended December 31, 20X5, are as follows: Current service cost Past service cost Contribution to the plan made by Hamel, December 31, 20X5 Benefits paid to retirees, December 31, 20X5 Discount rate used by actuary Plan assets as at January 1, 20X5 Plan assets as at December 31, 20X5 $60,000 $10,000 $360,000 $185,000 18% $890,000 $1,210,000 What was the unexpected gain or loss on plan assets for the 20x5 year? O a $23,800 Ob. $161,300 OC $73,800 Od $145,000 QUESTION 35 Gail's Horse Stables Corp. (GHS) provides a defined contribution pension plan for its employees. The agreement includes a mandatory contribution by GHS for all employees, and a matching requirement for employees who contribute their own money to the plan. Under the terms of the agreement, GHS's mandatory contribution to the pension trust is 6% of the employees qualifying earnings. The matching provision permits employees to contribute a maximum of 4% of their earnings to the plan as well. GHS must contribute an additional $0.50 to the plan for every $1.00 the employee contributes. The maximum required contribution by GHS is thus (6% + %> (4%) - 8%). For the year-ended December 31, 20x8 compensation expense totalled $6.2 million including qualifying salaries totalled $5.0 million. During the same period, employees made $150,000 in contributions to the plan that qualified for matching. What is the total pension expense that GHS will recognize in its SCI for the year-ended December 31, 20X8? 2.5447,000 ob. $375,000 $400,000 .$450,000