What I don't understand is, for instruction c, why, in the manual solution, beginning balance for accumulated oci is 0? When the information in the exercise shows that the accumulated oci has a debit balance of 34.220

5 benefit obligation at December 31, 2015, is gains are no accumulated gains accumulate $6,650,000. December 31, 2015. Instructions repare a pension worksheet for Kennedy Company for 2015. Prepare the journal entry to record 2015 pension expense the statement of (c) Indicate how pension gains and losses Gf any) will be reported by Kennedy in comprehensive income and the statement of financial position E20-8 (Disclosures: Pension and other comprehensive Income) Taveras Enterprises provides the following information related to its defined benefit pension plan. Balances or Values at December 31, 2015 2,737,000 Defined benefit obligation 2,278,329 Fair value of plan assets 34,220 Other pension plan data: 94,000 Service cost for 2015 130,000 Actual return on plan assets in 2015 benefit obligation 164,220 Interest on January 1, 2015, defined 93,329 Contributions to plan in 2015 140,000 Benefits paid Discount (interest) rate Instructions components of pension expense for the year 2015. for 2015. Net (a) Prepare the note disclosing the comprehensive income (b) Determine the amounts of other comprehensive income and income for 2015 is 35,000. income reported at December 31,2015. (c) Compute the amount of accumulated other comprehensive its employees. On E20-9 (Pension Worksheet Webb Corp. sponsors a defined benefit pension plan for January 1, 2015, the following balances relate to this plan. $480,000 Plan assets 600,000 Defined benefit obligation 120,000 Pension asset/liability