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Compute headland minimum amortization of the actuarial loss

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Question - Headland Corporation had a projected benefit obligation of $1,280,000 and plan assets of $1,204,000 at January 1, 2017. Headland also had a net actuarial gain of $224,000 in accumulated OCI at January 1, 2017. The average remaining service period of Headland' employees is 8 years. Compute Headland's minimum amortization of the actuarial loss.

Reference no: EM133096499

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