Melba Enterprises has a deferred gain of $425,000 relating to its pension plan as of January 1, 2013. Management has chosen to amortize this deferral on a straight-line basis over the 10-year average remaining service life of its employees, subject to the limitation of the corridor amount. Additional facts about the pension plan as of January 1, 2013, are as follows:
PBO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,050,000
ABO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,900,000
Fair value of the pension fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500,000
Market-related value of the pension fund (5-year weighted average) . . . 1,350,000
Compute the minimum amortization of deferred gain to be recognized by Melba in 2013.