Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2024, are shown below:

Required:
1. For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for 2024.
2. For each independent case, determine the net loss—AOCI or net gain—AOCI as of January 1, 2025.

Net loss (gain)-AOCI, Jan. 1 2024 loss (gain) on plan assets 2024 loss (gain) on PBO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan. 1 Fair value of plan assets, Jan. 1 Average remaining service period of active employees (years) Case 1 $ 320 (11) (23) (2,950) (3,310) 2,800 12 ($ in thousands) Case 2 $ (330) (8) 16 (2,550) (2,670) 2,700 15 Case 3 $260 2 (265) (1,450) (1,700) 1,550 10