Question: Hunt Corporation had an accrued benefit obligation of 3 1 million
Hunt Corporation had an accrued benefit obligation of $3.1 million and plan assets of $3.3 million at January 1, 2011. Hunt’s unrecognized net actuarial loss was $475,000 at that time. The average remaining service period of Hunt’s employees is 7.5 years. Calculate Hunt’s minimum amortization of the unrecognized actuarial loss for 2011.
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