Smith, Inc. has a pension plan with the following data available for 20X1 and 20X2:

20x1

20X2

$ theta*theta * theta $ 34,000

$ 18,000 $20,000

$ 15,000 $21,600

$200,000 $240,000

8%

8%

Service cost

Interest cost

8%

8%

If the beginning cumulative net actuarial gains are 530, 000 , the fair value of the plan assets is \$200,000 at the beginning of 20*1. and the average remaining service period of active employees is 10 years, the amortization of actuarial gains for 20X1 is:

Multiple Choice

$0.

$750.

Actual return on plan assets

Beginning of year plan assets

Discount rate

Expected return on plan assets