Yates Company has a noncontributory, defined benefit pension plan. It is December 31, 1998, end of the accounting year and measurement date for the pension plan. The following are the data for three separate cases, as of the measurement dates (in $000s):

Required:
1. For each case, compute the additional minimum pension liability that should be reported.
2. For each case, (a) explain whether a minimum liability must be reported and why, and (b) if one must be reported, give the entry.

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Items (at December 31, 1998) a. Projected benefit obligation. b. Accumulated benefit obligation. c. Vested benefit obligation. d. Pension plan assets at book value. Pension fund assets at fair value.. f. (Accrued) prepaid pension cost. g. Unrecognized prior service cost.. Case A $1,000 Case B Case C $1,000 800 360 $1,000 800 800 360 550 840 80 360 550 550 600 600 (20) 220 180 150