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The following is an excerpt from a disclosure note in The Maur Company's annual report for the fiscal year ended June 3 0 , 2

The following is an excerpt from a disclosure note in The Maur Company's annual report for the fiscal year ended June
30,2020:
*Expected return $25 and $24 in 2020 and 2019, respectively
Required:
What amount did Maur report in its balance sheet related to the pension plan at June 30,2020?
When calculating pension expense at June 30, Maur included $10 million in its income statement as the amortization
of unrecognized net actuarial loss (net loss-AOCI). This AOCl account had a balance of $300 million at the
beginning of the year and was the only AOCl account related to pensions. What was the average remaining service
life of employees as of 2020?
What was the pension expense?
What were the appropriate journal entries to record Maur's pension expense and to record gains and/or losses
related to the pension plan?
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