At December 31, 2011, Glover Corporation has the following balances: Accrued benefit obligation .......... $3,400,000 Plan assets

Question:

At December 31, 2011, Glover has the following balances:
Accrued benefit obligation .......... $3,400,000
Plan assets at fair value .......... 2,420,000
Unrecognized past service cost ....... 990,000
Determine the account and its balances that should be reported on Glover Corporation’s December 31, 2011 if it is using the deferral and amortization approach.
Balance Sheet
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