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Kingbird Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197.500; projected benefit

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Kingbird Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197.500; projected benefit obligation $248,000. Other data relating to 3 years operation of the plan are as follows. Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 2019 $16,000 10 % 17.900 16,000 14,100 2020 $19.400 10 % 21,730 39,600 16,200 157,600 55,200 2021 $25,800 10 % 23,800 48,400 21,300 42,400 518,500 Indicate the pension-related amounts reported in the financial statements for 2021. (Enter negative amounts using either a negative sign preceding the number e.g.-15,200 or parentheses e.g. (15,200).) Kingbird Company Partial Income Statement For the Year Ended December 31, 2021 Operating Expenses Pension Expense $ Revenues $ Comprehensive Income (Loss) Kingbird Company Comprehensive Income Statement For the Year Ended December 31, 2021 Net Income /(Loss) $XXXX Other Comprehensive Income (Loss) Asset Gain (Loss) $ + Prior Service Cost Amortization $ $XXXX Comprehensive Income (Loss) Kingbird Company Partial Balance Sheet December 31, 2021 Liabilities Pension Liability Stockholders' Equity $ Accumulated Other Comprehensive Income (PSC). Accumulated Other Comprehensive Loss (G/L) Kingbird Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197.500; projected benefit obligation $248,000. Other data relating to 3 years operation of the plan are as follows. Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 2019 $16,000 10 % 17.900 16,000 14,100 2020 $19.400 10 % 21,730 39,600 16,200 157,600 55,200 2021 $25,800 10 % 23,800 48,400 21,300 42,400 518,500 Indicate the pension-related amounts reported in the financial statements for 2021. (Enter negative amounts using either a negative sign preceding the number e.g.-15,200 or parentheses e.g. (15,200).) Kingbird Company Partial Income Statement For the Year Ended December 31, 2021 Operating Expenses Pension Expense $ Revenues $ Comprehensive Income (Loss) Kingbird Company Comprehensive Income Statement For the Year Ended December 31, 2021 Net Income /(Loss) $XXXX Other Comprehensive Income (Loss) Asset Gain (Loss) $ + Prior Service Cost Amortization $ $XXXX Comprehensive Income (Loss) Kingbird Company Partial Balance Sheet December 31, 2021 Liabilities Pension Liability Stockholders' Equity $ Accumulated Other Comprehensive Income (PSC). Accumulated Other Comprehensive Loss (G/L)

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