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Oriole Corp. has the followning bsginning-of-the-yaar present valuas for its projected banafit obligation and markat-ralated values for its pensian plan assets. The avarase remaining service
Oriole Corp. has the followning bsginning-of-the-yaar present valuas for its projected banafit obligation and markat-ralated values for its pensian plan assets. The avarase remaining service lifs per amployes in 2024 and 2025 is 10 years; and in 2026 and 2027 , is 12 years. The net gain or loss that occurrad during each year is as follows: 2024,$294,000 loss; 2025,$94,500 loss, 2026, $11,550 loss; and 2027, $26,250 gain. (ln working the solution, the gains and losses must be anregated to arrive at year-end balances.) Using the corridor approach, compute the a mount of net gain or loss amortized and charzed to pension expense in each of the four years, satting up an appropriate schedule. (Do not leave any answer field blank. Enter O for amounts.)
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