Problem 4. Corridor approach (5 points)

ABC Corporation has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. The balance of Accumulated OCI -Gain/Loss was $0 at January 1, 2019. ABC had a net actuarial loss of $425,000 in 2019. The average remaining service period of ABC's employees is 15 years in 2019.

Instruction:

Please prepare the amortization schedule using the corridor approach. Show your calculations and round your answers to the nearest dollar.

?