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What amount Ostrich report as unfunded accrued pension cost

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Question - The following information pertains to Ostrich Company's defined benefit pension plan:

Prepaid pension cost, January 1, 2020 Php 120,000

Current Service Cost 190,000

Interest Cost 380,000

Expected return on plan assets 220,000

Amortization of unrecognized prior service cost 520,000

Employer contributions 400,000

The fair value of plan assets exceeds the accumulated benefit obligation

Required - In its December 31, 2020 balance sheet, what amount should Ostrich report as unfunded accrued pension cost?

Reference no: EM132800697

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