The KLM Corporation reported the following information regarding its defined benefits pension plan for 2020: 1/1/2022...

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The KLM Corporation reported the following information regarding its defined benefits pension plan for 2020: 1/1/2022 actuarial gain resulting from excess of actual return over expected .............($350,000) return Plan assets 1/1/2022 $2,570,000 Projected Benefits Liability 1/1/2022 $3,000,000. Average remaining years of service for current employees is 10 years. Required: 1. determine how much amortization of the actuarial gain should be recognized in the calculation of 2022 pension expense. 2. Make the journal entry for this gain amortization. The KLM Corporation reported the following information regarding its defined benefits pension plan for 2020: 1/1/2022 actuarial gain resulting from excess of actual return over expected .............($350,000) return Plan assets 1/1/2022 $2,570,000 Projected Benefits Liability 1/1/2022 $3,000,000. Average remaining years of service for current employees is 10 years. Required: 1. determine how much amortization of the actuarial gain should be recognized in the calculation of 2022 pension expense. 2. Make the journal entry for this gain amortization.