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PENSION PLAN INFORMATION FOR YEAR ENDING DECEMBER 31, 20X1 Assets and obligations: Plan assets (at fair market value) Projected benefit obligation S 1,800,000 1,920,000 Amounts

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PENSION PLAN INFORMATION FOR YEAR ENDING DECEMBER 31, 20X1 Assets and obligations: Plan assets (at fair market value) Projected benefit obligation S 1,800,000 1,920,000 Amounts to be recognized: Pension expense Contribution 360,000 324,000 Unrecognized prior service costs Unrecognized gains (net) S 412,500 210,000)

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