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The following data are for the pension plan for the employees of Crane Company 1/1/20 12/31/20 12/31/21 Accumulated benefit obligation $3800000 $4000000 $5600000 Projected benefit

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The following data are for the pension plan for the employees of Crane Company 1/1/20 12/31/20 12/31/21 Accumulated benefit obligation $3800000 $4000000 $5600000 Projected benefit obligation 4200000 4400000 6200000 Plan assets (at fair value) 3400000 4800000 5400000 AOCL - net loss 0 852000 880000 Settlement rate (for year) 11% 10% Expected rate of return (for year) 9% 6% Crane's contribution was $720000 in 2021 and benefits pald were $630000. Crane estimates that the average remaining service life is 10 years. The corridor for 2021 was $480000. The amount of AOCI-net loss amortized in 2021 was $88000 $37200 $85200 $43200

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