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The following information is available for Carla Vista Corporations defined benefit pension plan: 2020 2021 2022 Defined benefit obligation, opening balance, accounting basis 175,000 ?

The following information is available for Carla Vista Corporations defined benefit pension plan:

2020 2021 2022
Defined benefit obligation, opening balance, accounting basis 175,000 ? ?
Fair value of plan assets 165,000 ? ?
Current service cost 35,000 $47,250 $52,500
Discount rate 7% 7% 7%
Actual return earned on plan assets 8% 6% 7%
Contributions (funding) 44,000 44,000 44,000
Benefits paid to retirees 24,800 26,500 27,400

On January 1, 2020, Carla Vista Corp. amended its pension plan, resulting in past service costs with a present value of $78,700.

Part 1

Calculate the pension plans surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that Oriole Corp. accounts for its pension plan under ASPE. (Round answers to 0 decimal places, e.g. 5,275.)

part 2

Calculate the total of pension expense for 2020, 2021, and 2022, assuming that Oriole Corp. accounts for its pension plan under ASPE.

part 3

Identify the pension plans surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that Oriole Corp. accounts for its pension plan under IFRS.

part 4

Calculate pension expense and any remeasurement (gain) lossOCI for 2020, 2021, and 2022 assuming that Oriole Corp. accounts for its pension plan under IFRS

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