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Skysong Comparty sponsors a defined benefit pension plan for its 600 employees. The company's actuary provided the following information about the plan. The average remaining

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Skysong Comparty sponsors a defined benefit pension plan for its 600 employees. The company's actuary provided the following information about the plan. The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $401,000 in 2020 and \$470,000 in 2021. The accumulated OCl (PSC) on January 1, 2020. was $1,333,500. No benefits have been paid. Youranswer is correct. Compute the amount of accumulated OCI (PSC) to be amortized as a component of net periodic pension expense for each of the. vears 2020 and 2021 Amount of accumulated OCi (PSC) to be amortized for the year 20205 Amount of accumulated oCi (pSC) ta be amortized for the vear 20215 Prepare a schedule which reflects the amount of accumulated OCl(G/L) to be amortized as a component of pension expense for 2020 and 2021. eTextbook and Media x Your answer is incorrect. Determine the total amount of pension expense to be recognized by Skysong Company in 2020 and 2021. Pension expense for 2020 Pension expense for 2021$

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