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Wildhorse Company has 310 employees who are expected to receive benefits under the company's defined-benefit pension plan. The total number of service-years of these employees

Wildhorse Company has 310 employees who are expected to receive benefits under the company's defined-benefit pension plan. The total number of service-years of these employees is 3,100. The actuary for the company's pension plan calculated the following net gains and losses:

For the Year Ended December 31 (Gain) Or Loss
2020 $750,000
2021 (664,000)
2022 1,100,000

Prior to 2020, there was no unrecognized net gain or loss. Information about the company's projected benefit obligation and market-related (and fair) value of plan assets follows:

As of January 1
2020 2021 2022
Projected benefit obligation $2,210,000 $2,450,000 $3,050,000
Fair value of plan assets 1,790,000 2,570,000 2,660,000

Based on the above information about Wildhorse Company, prepare a schedule which reflects the amount of net gain or loss to be amortized by the company as a component of pension expense for the years 2020, 2021, and 2022. The company amortizes net gains or losses using the straight-line method over the average service life of participating employees.

Beginning of Year

Projected Benefit Obligation

Plan Assets

Corridor

Accumulated OCI (Gain/Loss)

Amortization

2020

$

$

$

$

$

2021

2022

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