Various pension plan information of Kerem Company for 2013 and 2014 is as follows:

Required:

Fill in the blanks lettered (a) through (k). Enter amounts as positive numbers.

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Service cost Interest cost on projected benefit obligation Discount rate Amortization of prior service cost Plan assets (fair value), 1/1* Projected benefit obligation, 1/1** Expected long-term rate of return on plan assets Amortization of net loss Accrued pension cost (liability), 12/31 Average service life of employees Pension expense Cumulative net loss, 1/1 Expected return on plan assets Corridor *1/1/2015: $762,000 **1/1/2015: $857,800 2013 $100,000 54,000 9% 4,000 500,000 (b) (f) 10 years 68,000 50,000 (c) 2014 9% 4,000 615,000 720,000 11% 700 (k) 10 years 110,850 (h) 72,000 Service cost Interest cost on projected benefit obligation Discount rate Amortization of prior service cost Plan assets (fair value), 1/1* Projected benefit obligation, 1/1** Expected long-term rate of return on plan assets Amortization of net loss Accrued pension cost (liability), 12/31 Average service life of employees Pension expense Cumulative net loss, 1/1 Expected return on plan assets Corridor *1/1/2015: $762,000 **1/1/2015: $857,800 2013 $100,000 54,000 9% 4,000 500,000 (b) (f) 10 years 68,000 50,000 (c) 2014 9% 4,000 615,000 720,000 11% 700 (k) 10 years 110,850 (h) 72,000

Answer rating: 100% (QA)

A Projected benefit obligation 54000 9 2013 project benefi... View the full answer