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Compute oriole minimum amortization of the actuarial loss

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Reference no: EM132758443

Oriole Corporation had a projected benefit obligation of $3,289,000 and plan assets of $3,467,000 at January 1, 2020. Oriole also had a net actuarial loss of $490,260 in accumulated OCI at January 1, 2020. The average remaining service period of Oriole's employees is 7.40 years.

Problem 1: Compute Oriole's minimum amortization of the actuarial loss.

Reference no: EM132758443

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