Erickson Company sponsors a defined benefit pension plan. The corporation??s actuary provides the following information about the
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Erickson Company sponsors a defined benefit pension plan. The corporation??s actuary provides the following information about the plan.
Instructions(a) Compute the actual return on the plan assets in 2012.(b) Compute the amount of the other comprehensive income (G/L) as of December 31, 2012. (Assume the January 1, 2012, balance was zero.)(c) Compute the amount of net gain or loss amortization for 2012 (corridor approach).(d) Compute pension expense for2012.
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