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Sandhill Co. had the following selected balances at December 31, 2021: Projected benefit obligation $4,640,000 Accumulated benefit obligation 4,540,000 Fair value of plan assets 4,285,000
Sandhill Co. had the following selected balances at December 31, 2021:
| Projected benefit obligation | $4,640,000 | |
| Accumulated benefit obligation | 4,540,000 | |
| Fair value of plan assets | 4,285,000 | |
| Accumulated OCI (PSC) | 165,000 |
Calculate the pension asset/liability to be recorded at December 31, 2021.
| Pension liabilityasset | $ |
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Employee Relations Audits
Authors: C. Jennings, W. E. J. McCarthy, R. Undy
1st Edition
0415786614, 978-0415786614
