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Question 10 The following information relates to the pension plan for the employees of Quinlan Co Not yet answered 12/31/14 S4,400,000 4,650,000 4,250,000 4,100,000 (500,000)
Question 10 The following information relates to the pension plan for the employees of Quinlan Co Not yet answered 12/31/14 S4,400,000 4,650,000 4,250,000 4,100,000 (500,000) 11% 6% 12/31/15 S4,600,000 4,980,000 5,200,000 5,160,000 (720,000) 11% 8% 12/31/16 S6,000,000 6,670,000 5,740,000 5,650,000 (800,000) 11% 1% Points out of 3.00 Accumulated benefit obligation Projected benefit obligation Fair value of plan assets Market-related value of assets (MRAV) Accumulated OCi -Net loss Settlement rate (for year) Expected rate of return (for year) Flag question 2014 $400,000 $450,000 2016 Quinlan contribution (for year) Benefits Paid (for year) $500,000 $100,000 $315,000 $235,000 The average remaining service life is 16 years. The amount of net loss amortized and charged to pension expense in 2015 is Select one O a. $35,000 O b. S2,188 O c. $29,063 O d. $8,313 O e. $1,250
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