Question: a. Compute pension expense for Year 1. $Answer 14,200 b. For Year 2, compute the following amounts. Note: Round answers to the nearest whole dollar.

a. Compute pension expense for Year 1. $Answer 14,200 b. For Year 2, compute the following amounts. Note: Round answers to the nearest whole dollar. 1. Plan asset balance, January 1 of Year 2. $Answer 24,000 2. PBO balance, January 1 of Year 2. $Answer 60,000 3. Accumulated Pension Gain/Loss balance, January 1 of Year 2. $Answer 0 4. Pension expense for Year 2. $

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