Wildhorse Company sponsors a defined benefit pension plan for its 600 employees. The company's actuary provided the following information about the plan. January 1, December 31, 2025 2025 2026 Projected benefit obligation $2,780,000 $3,622,200 $4,163,976 Accumulated benefit obligation 1,900,000 2,413,000 2,902,000 Plan assets (fair value and market-related asset value) 1,700,000 2,901,000 3,795,000 Accumulated net (gain) or loss (for purposes of the corridor calculation) Discount rate (current settlement rate) Actual and expected asset return rate Contributions 0 196,000 (23,000) 9% 8% 10% 10% 1,031,000 603,900 The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $396,000 in 2025 and $471,000 in 2026. The accumulated OCI (PSC) on January 1, 2025, was $1,375,500. No benefits have been paid. (a) Your answer is correct. Compute the amount of accumulated OCI (PSC) to be amortized as a component of net periodic pension expense for each of the years 2025 and 2026. Amount of accumulated OCI (PSC) to be amortized for the year 2025 $ 131000 Amount of accumulated OCI (PSC) to be amortized for the year 2026 $ 131000 eTextbook and Media Assistance Used Attempts: 1 of 3 used (b) (c) Your answer is correct. Prepare a schedule which reflects the amount of accumulated OCI (G/L) to be amortized as a component of pension expense for 2025 and 2026. Year $ 2025 Projected Benefit Obligation Plan Assets 2780000 $ 1700000 $ 10% Corridor Accumulated OCI (G/L) 278000 $ 0 $ Minimum Amortization of (Gain) Loss 2026 eTextbook and Media 3622200 2901000 362220 Determine the total amount of pension expense to be recognized by Wildhorse Company in 2025 and 2026. Pension expense for 2025 $ Pension expense for 2026 $ eTextbook and Media Save for Later 196000 Assistance Used Attempts: 2 of 3 used Assistance Used Attempts: 0 of 3 used Submit