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Please show calculations, Thank you!! 1. Amortization of Accumulated OCI (Gain/Loss) The...

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Please show calculations,

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1. Amortization of Accumulated OCI (Gain/Loss) The actuary for the pension plan of Carr Corporation calculated the following net gains and losses. OCI (Gain/Loss) is zero at January 1, 2016. Incurred During (Gain) or Loss 2016 $580,000 2017 930,000 2018 (400,000) 2019 (564,000) Other information about the company's pension obligation and plan assets is as follows. January 1 Projected Benefit Obligation Plan Assets 2016 $7.680.000 $4,560,000 2017 8.760,000 3,620,000 2018 9,720,000 5,040,000 2019 8,230,000 5,900,000 Higley has a labor force of 500 employees who are expected to receive benefits under the plan. The total service-years for all employees is 8,000. Use the average remaining service life per employee as the basis for the amortization. Instructions: Prepare a schedule using the corridor approach to reflect the minimum Accumulated OCI (Gain or Loss) amortization for 2016, 2017, 2018, and 2019

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