Pharoah Corp. has the following beginningoftheyear present values for its projected benefit obligation and marketrelated values
for its pension plan assets.
The average remaining service life per employee in and is years; and in and is years. The net gain or loss
that occurred during each year is as follows: $ loss; $ loss; $ loss; and $ gain. In
working the solution, the gains and losses must be aggregated to arrive at yearend balances.
Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four
years, setting up an appropriate schedule. Do not leave any answer field blank. Enter for amounts.
Year Minimum Amortization of Loss
$
