Kingbird Company sponsors a defined benefit pension plan for its 600 employees. The companys actuary provided the following information about the plan.

		January 1,		December 31,
		2020		2020		2021
Projected benefit obligation		$2,780,000		$3,626,200		$4,166,296
Accumulated benefit obligation		1,900,000		2,426,000		2,925,000
Plan assets (fair value and market-related asset value)		1,690,000		2,892,000		3,790,000
Accumulated net (gain) or loss (for purposes of the corridor calculation)		0		198,000		(24,000	)
Discount rate (current settlement rate)				9	%	8	%
Actual and expected asset return rate				10	%	10	%
Contributions				1,033,000		608,800

The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $398,000 in 2020 and $472,000 in 2021. The accumulated OCI (PSC) on January 1, 2020, was $1,522,500. No benefits have been paid.

Compute the amount of accumulated OCI (PSC) to be amortized as a component of net periodic pension expense for each of the years 2020 and 2021.

Amount of accumulated OCI (PSC) to be amortized for the year 2020		$
Amount of accumulated OCI (PSC) to be amortized for the year 2021		$

Prepare a schedule which reflects the amount of accumulated OCI (G/L) to be amortized as a component of pension expense for 2020 and 2021.

Year Projected Benefit Obligation Plan Assets 10% Corridor Accumulated OCI (G/L) Minimum Amortization of (Gain) Loss 2020 $ Prepare a schedule whicl $ 2021 eTextbook and Media Determine the total amount of pension expense to be recognized by Kingbird Company in 2020 and 2021. Pension expense for 2020 $ Pension expense for 2021 $