Question
QUESTION 22 Presented below is information related to Sheridan Manufacturing Company as of December 31, 2021: Projected Benefit Obligation 1,950,000 Accumulated OCI (PSC) 860,000 Fair
QUESTION 22
Presented below is information related to Sheridan Manufacturing Company as of December 31, 2021:
Projected Benefit Obligation 1,950,000
Accumulated OCI (PSC) 860,000
Fair value of the pension plan assets 1,445,000
The pension asset/liability reported on the balance sheet at Decermber 31, 2021 is
O Pension liability of $505,000.
O Pension liability of $1,950,000.
O Pension liability of S2,810,000.
O Pension liability of $1,445,000.
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