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Monet West Shoes, Inc., provided the following information regarding its defined-benefit pension plan: service cost, $247,000; interest on the beginning PBO, $122,000; expected return
Monet West Shoes, Inc., provided the following information regarding its defined-benefit pension plan: service cost, $247,000; interest on the beginning PBO, $122,000; expected return on plan assets, $49,000; amortization of prior service costs related to unvested employees, $33,000; and amortization of net actuarial gain, $80,000. Based on this information, compute the total pension cost for the year. Select the labels and enter the amounts for all items that are included in the pension cost for the year. (Abbreviation used: PBO = Projected Benefit Obligation. Use parentheses or a minus sign for items that reduce pension cost. If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Components of Pension Cost: Amount Total Pension Cost
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