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please help me do these correctly, lately every time ive asked chegg for help with these, the answers are always incorrect. Hicks Cable Company has
please help me do these correctly, lately every time ive asked chegg for help with these, the answers are always incorrect. Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2018 are shown below. Net loss (gain)-AOCI, Jan. 1 2018 loss (gain) on plan assets 2018 loss (gain) on PBO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan. 1 Fair value of plan assets, Jan. 1 Average remaining service period of active employees (years) Case 1 $ 330 (21) (33) (3,050) (3,410) 2,900 ($ in eee's) Case 2 $ (360) (18) 26 (2,650) (2,770) 2,800 Case 3 $ 279 8 (295) (1,550) (1,800) 1,650 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 2018 2. For each independent case, determine the net loss-AOCI or net gain-AOCI as of January 1, 2019. Required 1 Required 2 For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2018. (Input all amounts as positive values.) Case 1 $ 330 (S in 000's) Case 2 $ 360 Case 3 $ 279 Net gain or loss Less: Corridor amount Excess, if any Service period (years) Amortization of gain or loss $ 330 $ 360 $ 0 Required 2 > Required 1 Required 2 For each independent case, determine the net loss-AOCI or net gain-AOCI as of January 1, 2019. (Amounts to be deducted and losses amounts should be indicated by a minus sign.) Case 1 ($ in 000's) Case 2 $ (360) Case 3 $ 279 330 January 1, 2018 net loss (gain) Loss (gain) on plan assets Amortization Loss (gain) on PBO January 1, 2019 net loss or (gain) - AOCI $ 330,0 $ (360.0) $ 279 0
please help me do these correctly, lately every time ive asked chegg for help with these, the answers are always incorrect.
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