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Oriole Company received the following selected information from its pension plan trustee concerning the operation of the company s defined benefit pension plan for the

Oriole Company received the following selected information from its pension plan trustee concerning the operation of the companys defined benefit pension plan for the year ended December 31,2025.
January 1,2025
December 31,2025
Projected benefit obligation
$1,474,000 $1,500,000
Market-related and fair value of plan assets
800,0001,133,000
Accumulated benefit obligation
1,594,0001,712,100
Accumulated OCI (G/L)Net gain
0(197,400)
The service cost component of pension expense for employee services rendered in the current year amounted to $76,000 and the amortization of prior service cost was $118,100. The companys actual funding (contributions) of the plan in 2025 amounted to $253,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,181,000 on January 1,2025. Assume no benefits paid in 2025.

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