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Prepare amortization schedule using the corridor approach

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ABC Corporation has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. The balance of Accumulated OCI -Gain/Loss was $0 at January 1, 2019. ABC had a net actuarial loss of $425,000 in 2019. The average remaining service period of ABC's employees is 15 years in 2019.

Question 1: Prepare the amortization schedule using the corridor approach.

Reference no: EM132744834

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