Ditek Corp. provides a defined contribution pension plan for its employees. The plan requires Ditek to contribute 3% of employees' gross pay to a fund trustee each year. Ditek's total payroll for 2014 was $2,732,864. At the start of 2014, Ditek revised the terms of the plan, which resulted in past service costs of $845,350. Ditek expects to realize the economic benefits from the plan change over five years, beginning in 2014.
(a) Calculate Ditek's pension expense for 2014 assuming that the company follows IFRS.
(b) Calculate Ditek's pension expense for 2014 assuming that the company follows ASPE and uses the deferral and amortization approach.