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PLEASE INDICATE WHERE NUMBERS ARE NEGATIVE WITH - OR ()

Buffalo Enterprises provides the following information relative to its defined benefit pension plan. $2,725,900 1,990,000 2,270,800 210,400 45,800 455,100 Balances or Values at December 31, 2020 Projected benefit obligation Accumulated benefit obligation Fair value of plan assets Accumulated OCI (PSC) Accumulated OCI-Net loss (1/1/20 balance, O) Pension liability Other pension plan data for 2020: Service cost Prior service cost amortization Actual return on plan assets Expected return on plan assets Interest on January 1, 2020, projected benefit obligation Contributions to plan Benefits paid $93,300 42,200 130,800 176,600 253,000 94,300 139,500 Your answer is correct. Prepare the note disclosing the components of pension expense for the year 2020. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Components of Pension Expense Service Cost 93,300 Interest Cost 253,000 Expected Return on Plan Assets (176,600) Prior Service Cost Amortization - 42,200 Pension Expense 211,900 * Your answer is incorrect. Determine the amounts of other comprehensive income and comprehensive income for 2020. Net income for 2020 is $34,800. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) $ 3,600 Comprehensive income (loss) 38,400 e Textbook and Media X Your answer is incorrect. Compute the amount of accumulated other comprehensive income reported at December 31, 2020. (Enter loss using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Accumulated other comprehensive income (loss) $ 45,800

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