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Taveras Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2014 Projected benefit obligation $2,811,770 Accumulated
Taveras Enterprises provides the following information relative to its defined benefit pension plan.
Balances or Values at December 31, 2014
Projected benefit obligation | $2,811,770 | |
Accumulated benefit obligation | 1,985,780 | |
Fair value of plan assets | 2,362,620 | |
Accumulated OCI (PSC) | 214,990 | |
Accumulated OCINet loss (1/1/14 balance, 0) | 46,430 | |
Pension liability | 449,150 | |
Other pension plan data for 2014: | ||
Service cost | $96,370 | |
Prior service cost amortization | 43,590 | |
Actual return on plan assets | 137,960 | |
Expected return on plan assets | 184,390 | |
Interest on January 1, 2014, projected benefit obligation | 260,080 | |
Contributions to plan | 93,480 | |
Benefits paid | 142,000 |
Net income for 2014 is $36,190.
Compute the amount of accumulated other comprehensive income reported at December 31, 2014.
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