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need help with both please Howard Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2011, the following balances are related to

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Howard Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2011, the following balances are related to as defined benele pension plan: Plan assets (marko-related value) 540.000 Projected beneft obligation 620,000 Pension assetability Prior service cost 60.000 UEGL- Loss 89.000 80,000 On December 31, 2011, the actuary provides the following additional data: Service cost for 2011 Actual return on plan assets in 2011 Amortization of prior service cost Contributions in 2011 Benefits paid retirees in 2011 Settlement rate Expected retum rate Average remaining service life of active employeesyuan) 74,000 46.000 6,000 80.000 55.000 On its 2011 Balance Sheet, reported Prior Service Cost should be ($62,000) O ($75,000) ($82,000) ($72,000) Question 9 (3 points) Howard Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2011, the following balances are related to its defined benefit pension plan: Plan assets (market-related value) Projected benefit obligation Pension assotiablity Prior service cost UEGL -Loss 540,000 620,000 80,000 68,000 89.000 On December 31, 2011, the actuary provides the following additional data: Service cost for 2011 Actual return on plan assets in 2011 Amortization of prior service cost Contributions in 2011 Benefits paid retirees in 2011 Settlement rate Expected return rate Average remaining service life of active employees (years) 74,000 46,000 6,000 80.000 56.000 89% 9% On its 2011 Balance Sheet, reported Unexpected Gain or Loss should be O ($87,100) ($72,700) O ($75,100) ($82,700)

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