n January 1, 2017, Quayle Incorporated amended its pension plan which caused an increase of ion. The company has 400 employees who are expected to s under the company's defined-benefit pension plan. The personnel department provided $6,000,000 in its projected benefit obligati the following information regarding expected employee retirements: Expected Retirements Number of Employees 40 120 60 160 20 400 On December 31 2017 2018 2019 2020 2021 The company plans to use the years-of-service method in calculating the amortization of unrecognized prior service cost as a component of pension expense. What is the amount of annual prior service cost amortization for the year 2018? a. $2,220,000 b. $2,000,000 c. S1,860,000 d. $1,800,000 8. ECN Inc. had a projected benefit obligation of $3,100,000 and plan assets of $3,300,000 at January 1, 2018. ECN's AOCI-net gain was $475,000 at January 1, 2018. The average remaining service period of its employees is 7.5 years. a. $O. b. c. d. reduce pension expense by $19,333. increase pension expense by $47,500 reduce pension expense by $475,000. 9. The EPBO for a particular employee's postretirement health care costs on January 1, 2018, was $30,000. The APBO at the beginning of the year was $6,000. The appropriate discount rate for this postretirement plan is 5%. The employee is expected to serve the company for a total of twenty-five years with five of those years already served as of January 1, 2018. The service cost is for 2018 is $1,260. What is the APBO at December 31, 2018? a. $6,300. b. $7,200 c. $7,500. d. $7,560