Information for the Jenkins Company defined benefit pension plan follows. The company uses the straight-line method to amortize prior service cost, and uses the corridor approach in amortizing pension gains and losses. Account Balances Jan. 1 Projected Benefit Obligation $700,000 Cr. Plan Assets 500,000 Dr. Accumulated OCIPension Gain/Loss 160,000 Cr. Accumulated OCIPrior Service Cost 120,000 Dr. Activity for the Current Year Service cost $60,000 Actuarial loss determined Dec. 31 40,000 Actual return on plan assets 55,000 Funding 88,000 Benefits paid - Other Discount rate 8% Expected rate of return on plan assets 10% Average remaining service period of active plan participants 10 years d. Determine the amount of amortization of net unrecognized gain or loss required for next year, if any