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Selected information about the pension plan of Crane Co. is as follows: 12/31/20 12/31/21 Accumulated benefit obligation $4,830,000 $5,060,000 Projected benefit obligation 5,080,000 5,280,000 Accumulated

Selected information about the pension plan of Crane Co. is as follows:

12/31/20 12/31/21
Accumulated benefit obligation $4,830,000 $5,060,000
Projected benefit obligation 5,080,000 5,280,000
Accumulated OCI (PSC) 2,008,000 1,630,000
Fair value of plan assets 4,815,000 5,080,000
Pension expense 1,130,000 1,830,000
Contribution 1,115,000 1,415,000
Discount rate (for year) 9% 8%

(a)

What is the corridor for 2021?

Corridor for 2021

$

b,cakulate the pension asset/liability at december 31,2021

pension $

c.prepare the entry for 2021to record the pension

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