The following information pertains to Fairfield Co's gains and losses for its defined benefit contribution plan:
Gain Loss. Beginning PBO. Beginning FV of Plan Assets
2017: $7,000 $192,000 $205,000
2018: $41,000 $224,000 $246,000
2019 ($150,000) $212,000 $6,500
Assume average remaining years of service is held constant at 20 years .
Compute the amount of gain/loss that should be amortized to pension expense each of the above years.
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