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Other information about the company's pension obligation and plan assets is as follows. Cheyenne Inc. has a stable labor force of 400 employees who are
Other information about the company's pension obligation and plan assets is as follows. Cheyenne Inc. has a stable labor force of 400 employees who are expected to receive benefits under the plan. The total service-years for all participating employees is 6,400. The beginning balance of accumulated OCI(G/L ) is zero on January 1,2020 . The marketrelated value and the fair value of plan assets are the same for the 4-year period. Use the average remaining service life per employee as the basis for amortization. Compute the minimum amount of accumulated OCl(G/L) amortized as a component of net periodic pension expense for each of the years 2020, 2021, 2022, and 2023. Apply the "corridor" approach in determining the amount to be amortized each year. (Round answers to 0 decimal places, e.g. 2,500.)
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