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Wanda Company reported a net gain-AOCI of $100 million in last year's balance sheet. This year, the company revised its estimate of future salary levels
Wanda Company reported a net gain-AOCI of $100 million in last year's balance sheet. This year, the company revised its estimate of future salary levels causing its PBO estimate to decrease by $12. Also, the 32 million actual return on plan assets was lower than the $30 million expected return. Amortization of net gain--AOCI amounted $5 million. The ending balance of net gain--AOCI (S un milhons) would be:
105 million
115 million
95 million
85 millon
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