I need answer for these few 3 problems . I am just confused only its way simple. I have 1.5 hr

Question 2 The following information pertains to A&E Co.'s defined benefit pension plan for the year 2014. Projected benefit obligation at 1/1/2014 $800,000 Fair value of pension plan assets 1/1/2014 550,000 Unrecognized prior service costs at 1/1/2014 300,000 Service cost 50,000 Amortization of prior service costs 20,000 Actual return on plan assets 40,000 Contributions to the plan 25,000 Benefits paid 15,000 Expected return on plan assets 8% Interest/discount rate used 5% a. Show calculations to compute the pension expense for 2014. b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/2014. Show calculations to compute the ending balance of the plan assets at 12/31/2014. 8. Which of the following statements is correct? a. Amortization of prior service costs increases pension expense and reduces the balance of accumulated OCI prior service costs. b. Amortization of prior service costs reduces pension expense and increases the balance of accumulated OCI prior service costs.. c. Amortization of loss reduces pension expense and increases the balance of accumulated OCI gains/losses. d. Amortization of loss reduces pension expense and reduces the balance of accumulated OCI gains/losses. Question 4 Show computations for each of the following, and clearly show your final answer using the answer sheet provided. 1. AP Corporation has provided the following information: Accumulated benefit obligation Projected benefit obligation Fair value of plan assets Accumulated other comprehensive income- net gain 2. 1/1/15 $2,800,000 3,100,000 3,130,000 425,000 12/31/15 $3,760,000 4,000,000 3,630,000 480,000 Assuming the average service life is 15 years, show computations for the amount of accumulated net gain that should be recognized as part of AP's pension cost in 2015. Presented below is information related to PVP, Inc. pension plan for 2014: Accumulated benefit obligation (at year-end) $800,000 Service cost 390,000 Funding contribution for 2014 300,000 Settlement rate used in actuarial computation 9% Expected return on plan assets 9% Amortization of PSC 9,000 Amortization of net gain 30,000 Actual return on plan assets 66,000 Projected benefit obligation (at beginning of period) 800,000 Market-related (and fair) value of plan assets (at beginning of period) 700,000 Show computations for (a) the amount of pension expense to be reported for 2014 and (b) amount of unexpected gain or loss if any (state clearly if it is a gain or a loss). 3. Presented below is the information related to A&O Corporation's pension plan for 2014: Projected benefit obligation amount at the beginning of the year 9,000,000 Projected benefit obligation amount at the end of the year Fair value of plan assets at the beginning of the year Fair value of plan assets at the end of the year Expected return on plan assets Contributions made during the year Benefits paid during the year Show calculations to determine actual return on plan assets in 2014. 9,100,000 7,000,000 7,500,000 9% 700,000 500,000 a. Show calculations to compute the pension expense for 2014. Service Cost Interest Cost Expected return Pension Expense 50,000 40,000 (44,000) 46,000 b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/2014. Show calculations to compute the ending balance of the plan assets at 12/31/2014 Beginning balance of PBO Add service Cost Interest cost Less Benefits paid Ending balance of PBO 800000 50000 40000 (15,000) 875,000 Beginning Plan Assets Add Actual Return Contributions Less Benefits paid Ending plan assets 550,000 40,000 25,000 (15,000) 600,000 Solution of 2nd question a. Show calculations to compute the pension expense for 2014. Service Cost Interest Cost Expected return Pension Expense 50,000 40,000 (44,000) 46,000 b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/2014. Show calculations to compute the ending balance of the plan assets at 12/31/2014 Beginning balance of PBO Add service Cost Interest cost Less Benefits paid Ending balance of PBO 800000 50000 40000 (15,000) 875,000 Beginning Plan Assets Add Actual Return Contributions Less Benefits paid Ending plan assets 550,000 40,000 25,000 (15,000) 600,000 Solution of 3rd question Show calculations to determine actual return on plan assets in 2014. Ending fair value of plan assets Less beginning fair value of plan assets Contributions Add benefits paid Actual return on Plan assets 7,500,000 (7,000,000) (700,000) 500,000 300,000 Solution of 2nd question a. Show calculations to compute the pension expense for 2014. Service Cost Interest Cost Expected return Pension Expense 50,000 40,000 (44,000) 46,000 b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/2014. Show calculations to compute the ending balance of the plan assets at 12/31/2014 Beginning balance of PBO Add service Cost Interest cost Less Benefits paid Ending balance of PBO 800000 50000 40000 (15,000) 875,000 Beginning Plan Assets Add Actual Return Contributions Less Benefits paid Ending plan assets 550,000 40,000 25,000 (15,000) 600,000 Solution of 3rd question Show calculations to determine actual return on plan assets in 2014. Ending fair value of plan assets Less beginning fair value of plan assets Contributions Add benefits paid Actual return on Plan assets 7,500,000 (7,000,000) (700,000) 500,000 300,000 Solution of 4th 1st part Particulars Amount $ Fair value of plan assets at the beginning 10% corridor The corridor is the larger Accumlated other comprehensive net gain Less Corridor Average service life is Net gain that shouls be recognized as pension cost Amount $ 3,130,000 313,000 425,000 (313,000) 112,000 15 years 7,467