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The actuary for the pension plan of Pharoah Inc. calculated the following net gains and losses Incurred during the Year (Gain) or Loss 2025
The actuary for the pension plan of Pharoah Inc. calculated the following net gains and losses Incurred during the Year (Gain) or Loss 2025 $301,050 2026 476.000 2027 (209,300) 2028 (287.700) Other information about the company's pension obligation and plan assets is as follows. Projected Benefit As of January 1, Obligation Plan Assets (market-related asset value) 2025 $4,027,200 $2.403.600 2026 4,507,600 2,187,600 2027 5,029,300 2.602,800 2028 4.200,480 3,026,800 Pharoah 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 4,400. The beginning balance of accumulated OCI (G/L) is zero on January 1, 2025. 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 Prepare a schedule which reflects the minimum amount of accumulated OCI (G/U) 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 O decimal places, 2.500) Year 2025 2026 2027 2028 Projected Benent Obligation Plan Assets Corridor Accumulate OCI (G/L)
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