Turner Inc. provides a defined benefit pension plan to its employees. The company has 150 employees. The remaining amortization period at December 31, 2016, for prior service cost is 5 years. The average remaining service life of employees is 11 years at January 1, 2017, and 10 years at December 31, 2017. The AOCInet actuarial (gain) loss was zero at December 31, 2016. Turner smooths recognition of its gains and losses when computing its market-related value to compute expected return.

Compute the 2017 increase/decrease in AOCInet actuarial (gain) loss and the amount to be amortized in 2017 and 2018.

Additional Information: December 31 2017 Description ABO Fair value of plan assets Market-related value of plan assets (smoothed recognition) AOCI-prior service cost Balance sheet pension asset (liability) Service cost Contribution PBO actuarial gain Benefit payments made Discount rate Expected rate of returrn 2016 $1,450,000 $1,377,000 1,425,000 1, 350,000 1, 395,000 1,085,000 1,369,000 1,085,000 292,000 ? (292,000) 117,400 169,000 113,250 None 5% None 5% 7% 7%