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Please help Exercise 17-13 Determining the amortization of net loss or net gain [LO17-6] * Hicks Cable Company has a defined beneft pension plan. Three

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Exercise 17-13 Determining the amortization of net loss or net gain [LO17-6] * Hicks Cable Company has a defined beneft pension plan. Three alternatve possiblities for pension-related ree alternative possibilities for pension-related data at lanuary 1, 2016, are shown below ($ in 000's Net loss (gain)-AOCI, Jan. 1 2016 loss (gain) on plan assets 2016 loss (gain) on PBO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan1 Fair value of plan assets, Jan. 1 Average remaining service period Case 1 Case 2 Case 3 $ 328(350) $ 278 8 (290) (1,530) (3,390) (2,750) (1,780) 2,880 2,780 1,630 (19) (31) (3,030) (16) 24 (2,630) of active employees (years) 12 10 Required: 1. For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2016. (Input all amounts as positive values.) (S in 000's) Case 2 Case 1 Case 3 Net gain or loss Less: Corridor amount Excess, if any Service period (years) Amortization of gain or loss 328 $ 350 $ 278 328 $ 350 278

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