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The actuary for the pension plan of Larkspur Company calculated the following net gains and losses. Incurred during the Year (Gain) or Loss 2020 $(640,000)

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The actuary for the pension plan of Larkspur Company calculated the following net gains and losses. Incurred during the Year (Gain) or Loss 2020 $(640,000) 2021 252.000 2022 995,000 2023 394,000 Other information about the company's pension obligation and plan assets is as follows Projected Benefit Plan Assets As of January 1, Obligation (market-related asset value) 2020 $4.035,000 53,386,000 4.716,000 3,519,000 2022 4,770.000 3,856,000 2023 5,189.000 4,235,000 2021 Larkspur Company has a stable labor force of 250 employees who are expected to receive benefits under the plan. The total service- years for all participating employees are 4.250. The beginning balance of Accumulated OCH G/L is zero on January 1, 2020. 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 Larkspur Company has a stable labor force of 250 employees who are expected to receive benefits under the plan. The total service- years for all participating employees are 4,250. The beginning balance of Accumulated OCI (G/L) is zero on January 1, 2020. 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 2020 2021 2022 and 2023. Apply the "corridor" approach in determining the amount to be amortized each year. (Round answers to decimal places, eg. 2,500. Enter negative amounts using either a negative sign preceding the number eg. -15,000 or parentheses eg. (15,000).) Year Minimum Amortization of (Gain) Loss 2020 $ 2021 $ 2022 $ 2023 $ Attempts: 0 of 1 used Submit

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