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Major Medical reported a net lossAOCI in last years balance sheet. This year, the company revised its estimate of future salary levels causing its PBO

Major Medical reported a net lossAOCI in last years balance sheet. This year, the company revised its estimate of future salary levels causing its PBO estimate to decline by $6 million. Also, the $10 million actual return on plan assets fell short of the $15 million expected return. How does this gain and loss affect Majors income statement, statement of comprehensive income, and balance sheet? (Enter your answers in millions.) image text in transcribed

Income statement: Net income Comprehensive income statement: Gain-OCI Loss-OCI Balance sheet

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