The actuary for the pension plan of Davis Corporation calculated the following net gains and losses. OCI (Gain/Loss) is zero at January 1, 2016.

Incurred During (Gain) or Loss

2016 $405,000

2017 (300,000)

2018 284,000

2019 400,000

Other information about the companys pension obligation and plan assets is as follows.

January 1 Projected Benefit Obligation Plan Assets

2016 $5,400,000 $3,240,000

2017 6,102,000 2,520,000

2018 6,750,000 3,510,000

2019 5,724,000 4,104,000

Higley has a labor force of 500 employees who are expected to receive benefits under the plan. The total service-years for all employees is 7,500. Use the average remaining service life per employee as the basis for the amortization.

Instructions:

Prepare a schedule using the corridor approach to reflect the minimum Accumulated OCI (Gain or Loss) amortization for 2016, 2017, 2018, and 2019.