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The actuary for the pension plan of Sheridan Inc. calculated the following net gains and losses. Dther information about the company's pension obligation and plan
The actuary for the pension plan of Sheridan Inc. calculated the following net gains and losses.
Dther information about the company's pension obligation and plan assets is as follows.
Sheridan Inc. has a stable labor force of employees who are expected to receive benefits under the plan. The total serviceyears for
all participating employees is The beginning balance of accumulated OCl is zero on January The marketrelated
value and the fair value of plan assets are the same for the 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 GL amortized as a component of net periodic pension
expense for each of the years and Apply the "corridor" approach in determining the amount to be amortized
each year. Round onswers to decimal ploces, eg
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