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I have asked the question 3 times. I only need part A answered Melanie Vail Corp. sponsors a defined benefit pension plan for its employees.

I have asked the question 3 times. I only need part A answered Melanie Vail Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2012, the
following balances relate to this plan.
Plan assets $480,000
Projected benefit obligation 625,000
Accumulated OCI (PSC) 100,000 Dr.
As a result of the operation of the plan during 2012, the following additional data are provided by the
actuary.
Service cost for 2012 $90,000
Settlement rate 9%
Actual return on plan assets in 2012 57,000
Amortization of prior service cost 19,000
Expected return on plan assets 52,000
Unexpected loss from change in projected benefit obligation,
due to change in actuarial predictions 76,000
Contributions in 2012 99,000
Benefits paid retirees in 2012 85,000
Directions Situation Measurement Journal Entry Disclosure Resources
Directions Situation Measurement Journal Entry Disclosure Resources
Directions Situation Measurement Journal Entry Disclosure Resources
Directions Situation Measurement Journal Entry Disclosure Resources
(a) Use a computer spreadsheet to prepare a pension worksheet. On the pension worksheet, compute
pension expense, pension asset/liability, projected benefit obligation, plan assets, prior
service cost, and net gain or loss.

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