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Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2024, are shown below:
| | ($ in thousands) |
| Case 1 | Case 2 | Case 3 |
| Net loss (gain)AOCI, January 1 | $ 339 | $ (417) | 289 |
| 2024 loss (gain) on plan assets | (30) | (27) | 4 |
| 2024 loss (gain) on PBO | (42) | 35 | (298) |
| Accumulated benefit obligation, January 1 | (3,140) | (2,740) | (1,640) |
| Projected benefit obligation, January 1 | (3,500) | (2,860) | (1,890) |
| Fair value of plan assets, January 1 | 2,990 | 2,890 | 1,740 |
| Average remaining service period of active employees (years) | 14 | 16 | 10 |
Required:
- For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2024.
2. For each independent case, determine the net lossAOCI or net gainAOCI as of January 1, 2025.
\begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{ January 1, 2024 net loss (gain) } & \multicolumn{6}{|c|}{ (\$ in thousands) } \\ \hline & \multicolumn{2}{|c|}{ Case 1} & \multicolumn{2}{|c|}{\begin{tabular}{ll} Case 2 & \end{tabular}} & \multicolumn{2}{|c|}{ Case 3} \\ \hline & $ & 339 & $ & (417) & $ & 289 \\ \hline \multicolumn{7}{|l|}{ Loss (gain) on plan assets } \\ \hline \multicolumn{7}{|l|}{ Amortization } \\ \hline \multicolumn{7}{|l|}{ Loss (gain) on PBO } \\ \hline January 1,2025 net loss or (gain) AOCl & $ & 339 & $ & (417) & $ & 289 \\ \hline \end{tabular}
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