Selected Information about the pension plan of Roman Co. is as follows:

12/31/14 12/31/15

Accumulated benefit obligation $4,700,000 $4,930,000

Projected benefit obligation 4,950,000 5,150,000

Accumulated OCI (PSC) 1,800,000 1,500,000

Fair value of plan assets 4,750,000 4,950,000

Pension expense 1,000,000 1,700,000

Contribution 985,000 1,350,000

Discount rate (for year) 9% 8%

Instructions

(a) What is the corridor for 2015?

(b) Calculate the pension asset / liability at December 31, 2015.

(c) Prepare the entry for 2015 to record the pension expense and contribution.