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The actuary for the pension plan of Cullumber Inc. calculated the following net gains and losses. Other information about the company's pension obligation and plan
The actuary for the pension plan of Cullumber Inc. calculated the following net gains and losses. Other information about the company's pension obligation and plan assets is as follows. Cullumber 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 5,200. The beginning balance of accumulated OCl(G/L) is zero on January 1,2025 . The marketrelated 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. Prepare a schedule which reflects the minimum amount of accumulated OCl(G/L) amortized as a component of net periodic pension expense for each of the years 2025, 2026,2027, and 2028. Apply the "corridor" approach in determining the amount to be amortized each year. (Round answers to 0 decimal places, e.g. 2,500.) \begin{tabular}{c} Accumulated \\ OCl(G/L) \end{tabular}
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