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Pharoah Corp. the following beginningoftheyear present values for its projected benefit obligation and market - related values for its pension plan assets Projected Benefit Obligation
Pharoah Corp. the following beginningoftheyear present values for its projected benefit obligation and marketrelated values for its pension plan assets Projected Benefit Obligation Plan Assets Value $ $ The average remaining service life per employee in and is years ; and in and is years The net gain or loss that occurred during each year is as follows : $ loss $ loss $ loss ; and $ gain In working the solution the gains and fosses must be aggregated to arrive at year end balances Using the corridor approach compute the amount of net gain or loss amortized and charged to pension expense in each of the four years setting up an appropriate schedule Do not leave any answer field blank Enter for amounts Year Minimum Amortization of LossPharoah Corp. has the following beginningoftheyear present values for its projected benefit obligation and marketrelated values for its pension plan assets.
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