See attached.

Wyatt Company sponsors a defined benefit pension plan. The corporation's actuary provides

the following information about the plan.

January 1, December 31,

2012 2012

Vested benefit obligation $1,500 $1,900

Accumulated benefit obligation 1,900 2,730

Projected benefit obligation 2,800 3,645

Plan assets (fair value) 1,700 2,620

Settlement rate and expected rate of return 10%

Pension Liability 1,100 ?

Unrecognized prior service cost (OCI) 1,100 ?

Service cost for the year 2012 400

Contributions (funding in 2012) 800

Benefits paid in 2012 200

The average remaining service life per employee is 20 years.

Instructions

(a) Compute the actual return on the plan assets in 2012.

(b) Compute the amount of the unrecognized actuarial net gain or loss as of December 31, 2012.

(Assume the January 1, 2012 balance was zero.)

(c) Compute the amount of actuarial net gain or loss amortization for 2012 (corridor approach).

(d) Compute the amount of prior service cost amortization for 2012.

(e) Compute pension expense for 2012.

(f) Compute the amount of other comprehensive income (OCI) gain or loss as of December 31, 2012.

(Assume the January 1, 2012 balance was $1,100 due to unamortized prior service cost).