Problem 4 - 865,000 Accumulated OCI net gain 90,000...

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Problem 4 Montoya Company has available the following information about its defined-benefit pension plan for the year ending December 31, 2011: Service cost for 2011 $ 25,000 Accumulated benefit obligation 683,000 Plan assets at fair value 630,000 Accumulated OCI (PSC) 300,000 Vested benefit obligation 505,000 Market-related asset value 725,000 Projected benefit obligation
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Unformatted text preview: 865,000 Accumulated OCI net gain 90,000 Interest on projected benefit obligation 64,000 Instructions (a) Calculate the pension asset / liability to be recorded at December 31, 2011. (b) Calculate the 2012 amortization of the net gain. The average remaining service life of employees is 10 years....
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This note was uploaded on 03/25/2012 for the course ACCOUNTING 20 taught by Professor Robinson during the Spring '09 term at UC Riverside.

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