Problem 20-3 (Part Level Submission) Nash Company sponsors a defined benefit plan for its 100 employees. On January 1, 2017, the company's actuary provided the following information Accumulated other comprehensive loss (PSC) $149,500 Pension plan assets (fair value and market-related asset value) 198,200 Accumulated benefit obligation 258,000 378,200 Projected benefit obligation The rage remaining service period for the pa e actuary calulated that the present value of future benefits earned for employees 10 years. All employees are expected to receive benefits under the plan. On December 31, 2017, eno rendered in the currant vear amounted to $56.000: the proiected benefit obligation was $482,600; fair value of pension assets was $274,200; the accumulated benefit obligation amounted to $357,900. The expected return on plan assets and the discount rate on the projected benefit obligation were both 10%. The actual return on plan assets is $10,700. The company's current year's contribution to the pension plan amounted to $65,300. No benefits were paid during the year. (c) Compute the amount of the 2017 increase/decrease in gains or losses and the amount to be amortized in 2017 and 2018 Losses 2017 Increase/Decrease in Amortization in 2017 Amortization in 2018 $ Open Show Work Click if you would like to Show Work for this