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Sag, Inc. has the following information relating to its defined benefit plan as of December 31: Projected benefit obligation $5,000,000 Unrecognized prior service cost 600,000
Sag, Inc. has the following information relating to its defined benefit plan as of December 31: Projected benefit obligation $5,000,000 Unrecognized prior service cost 600,000 Current-year amortization of pension gains 250,000 Unrecognized pension gains 1,400,000 Current-year return on plan assets 450,000 Ignoring taxes, what amount would Sag report as accumulated other comprehensive income on its December 31 balance sheet under U.S. GAAP? O A. $1,500,000 O B. $2,000,000 O C. $800,000 O D. $(350,000)
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