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Please help me with this whole problem, please show how you were able to solve it. I have been posting questions recently and people have not been answering the questions at all.

Oriole Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2020 and 2021. 2020 2021 Projected benefit obligation, January 1 $610,000 Plan assets (fair value and market-related value), January 1 430,000 Pension asset/liability, January 1 180,000 Cr. Prior service cost, January 1 420,000 Service cost 70,000 $90,000 Settlement rate 8 % 8 % Expected rate of return 8 % 8 % Actual return on plan assets 60,000 55,000 Amortization of prior service cost 80,000 124,000 Annual contributions 90,000 98,000 Benefits paid retirees 58,000 62,000 Increase in projected benefit obligation due to changes in actuarial assumptions 148,000 0 Accumulated benefit obligation at December 31 469,000 538,000 Average service life of all employees 12 years Vested benefit obligation at December 31 283,000 Items Expense Cash Balance, Jan. 1, 2020 $ $ Service cost 70,000 > Interest cost 61,000 > Actual return 60,000 Unexpected gain Benefits Increase in PBO Journal entry for 2020 $ $ Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 Service cost 90,000 > Interest cost 90,000 Unexpected gain > Amortization of PSC Contributions nnnn Benefits Journal entry for 2021 $ $ Accumulated OCI, Dec. 31, 2020 OCI-Prior Service Cost OCI- Gain/ Loss $ $ > > > > > > > > > > v $ $ > > Projected Benefit Obligation $ $ > > > > > > > Pension Asset/ Liability Calculate the amortization of the loss (2021) using the corridor approach. Amortization of the loss $

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