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The following information is available for Cullumber Corporation's defined benefit pension plan: On January 1, 2020, Cullumber Corp. amended its pension plan, resulting in past
The following information is available for Cullumber Corporation's defined benefit pension plan: On January 1, 2020, Cullumber Corp. amended its pension plan, resulting in past service costs with a present value of $75,500. Calculate the pension plan's surplus or deficit and the pension liability or asset reported on the December 31,2020,2021, and 2022 statements of financial position assuming that Cullumber Corp. accounts for its pension plan under ASPE. (Round answers to 0 decimal places, e.g. 5,275.) eTextbook and Media Calculate the total of pension expense for 2020, 2021, and 2022, assuming that Cullumber Corp. accounts for its pension plan under ASPE. (Round answers to 0 decimal places, e.g. 5,275.) Pension Expense 2020$ Pension Expense 2021$ Pension Expense 2022$ Identify the pension plan's surplus or deficit and the pension liability or asset reported on the December 31,2020,2021, and 2022 statements of financial position assuming that Cullumber Corp. accounts for its pension plan under IFRS. (Round answers to 0 decimal places, e.g. 5,275.) eTextbook and Media Calculate pension expense and any remeasurement (gain) loss-OCl for 2020,2021, and 2022 assuming that Cullumber Corp. accounts for its pension plan under IFRS. (Round answers to 0 decimal places, e.g. 5,275. Enter gain amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any answer field blank. Enter 0 for amounts.)
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