The actuary for the pension plan of Coronado Inc. calculated the following net gains and losses.

= Fall 2019, ACCT 3620 Assignments Chapter 20 HW Assignment Chapter 20 HW Assignment Send to Gradebook Question 5 View Policies Current Attempt in Progress The actuary for the pension plan of Coronado Inc. calculated the following net gains and losses. Incurred during the Year (Gain) or Loss $302,800 480,400 2017 2018 2019 2020 (211.000) (289,700) Other Information about the company's pension obligation and plan assets is as follows. Projected Benefit Obligation Plan Assets market-related asset value) As of January 1, 2017 $2.376,000 2.190.900 $4.004,500 4.531.500 5.018,100 2018 2019 2581,800 2020 4.241,700 3.061.000 Coronado Inc. has a stable labor force of 400 employees who are expected to receive benefits under the plan. The total service-years for all participating employees is 6,400. The beginning balance of accumulated OCI (G/L) is zero on January 1, 2017. The market-related value and the fair value of plan assets are the same for the 4-year period. Use the average remaining service life per employee as the basis for amortization Compute the minimum amount of accumulated OCI (G/L) amortized as a component of net periodic pension expense for each of the years 2017 2018, 2019, and 2020. Apply the "corridor approach in determining the amount to be amortized each year. (Round answers to decimal places, eg. 2,500.) Year Minimum Amortization of Gain) Loss 2017 2018 2019 2020 e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook Next > = Fall 2019, ACCT 3620 Assignments Chapter 20 HW Assignment Chapter 20 HW Assignment Send to Gradebook Question 5 View Policies Current Attempt in Progress The actuary for the pension plan of Coronado Inc. calculated the following net gains and losses. Incurred during the Year (Gain) or Loss $302,800 480,400 2017 2018 2019 2020 (211.000) (289,700) Other Information about the company's pension obligation and plan assets is as follows. Projected Benefit Obligation Plan Assets market-related asset value) As of January 1, 2017 $2.376,000 2.190.900 $4.004,500 4.531.500 5.018,100 2018 2019 2581,800 2020 4.241,700 3.061.000 Coronado Inc. has a stable labor force of 400 employees who are expected to receive benefits under the plan. The total service-years for all participating employees is 6,400. The beginning balance of accumulated OCI (G/L) is zero on January 1, 2017. The market-related value and the fair value of plan assets are the same for the 4-year period. Use the average remaining service life per employee as the basis for amortization Compute the minimum amount of accumulated OCI (G/L) amortized as a component of net periodic pension expense for each of the years 2017 2018, 2019, and 2020. Apply the "corridor approach in determining the amount to be amortized each year. (Round answers to decimal places, eg. 2,500.) Year Minimum Amortization of Gain) Loss 2017 2018 2019 2020 e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook Next >