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need help with all parts in red Ivanhoe Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December
need help with all parts in red
Ivanhoe Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2017 Projected benefit obligation Accumulated benefit obligation Fair value of plan assets Accumulated OCI (PSC) Accumulated OCI,Net loss (1/1/17 balance, 0) Pension liability $2,711,300 1,981,800 2,279,800 211,500 46,100 431,500 Other pension plan data for 2017: Service cost Prior service cost amortization Actual return on plan assets Expected return on plan assets Interest on January 1, 2017, projected benefit obligation Contributions to plan Benefits paid $93,200 42,400 129,700 175,800 253,300 92,800 139,100 Prepare the note disclosing the components of pension expense for the year 2017. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Components of Pension Expense T Service Cost 93200 T Interest Cost 0 T 253300 T Expected Return on Plan Assets || 175800 T Prior Service Cost Amortization ) T 42400 T Pension Expense 213100 Determine the amounts of other comprehensive income and comprehensive income for 2017. Net income for 2017 is $35,300. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) (3700) Comprehensive income (loss) 31600 Compute the amount of accumulated other comprehensive income reported at December 31, 2017. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Accumulated other comprehensive income (I Click if you would like to Show Work for this question: Open Show Work
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