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Compute Sheridan minimum amortization of the actuarial loss

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Question - Sheridan Corporation had a projected benefit obligation of $3,304,000 and plan assets of $3,530,000 at January 1, 2020. Sheridan also had a net actuarial loss of $470,750 in accumulated OCI at January 1, 2020. The average remaining service period of Sheridan's employees is 7.50 years. Compute Sheridan's minimum amortization of the actuarial loss.

Reference no: EM132733172

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