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The following information relates to the pension plan for the employees of Blossom Co.: 1/1/20 12/31/20 12/31/21 Accum, beneft obligation $ 10240000 $ 10660000
The following information relates to the pension plan for the employees of Blossom Co.: 1/1/20 12/31/20 12/31/21 Accum, beneft obligation $ 10240000 $ 10660000 S 13600000 Projected benefit obligation 10765000 11458000 Fair value of plan assets 9925000 11920000 15007000 13054000 AOCI -net (gain) or loss -0- (1612000) (1780000) Settlement rate (for year), 9% 9% Expected rate of return (for year) 9% 8% Blossom estimates that the average remaining service life is 16 years, Blossom ontribution was $1423000 in 2021 and benefits paid were $1087000, The corridor for 2021 is
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