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What is the amount for pension liability

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Problem - Teal Corporation has the following balances at December 31, 2017.

Projected benefit obligation

$2,474,000

Plan assets at fair value

1,851,000

Accumulated OCI (PSC)

1,126,000

Required - What is the amount for pension liability that should be reported on Teal's balance sheet at December 31, 2017?

Reference no: EM132449617

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