Bonny Corp. has a defined benefit pension plan for its employees who have an average remaining service life of $10$ years. The following information is available for $20$X$1$ and $20$X$2$ related to the pension plan:

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$20$X$220$X$1$Projected benefit obligation, $1/1?$$$750,000$Service cost$$70,00060,000$Actual return on plan assets$66,40072,000$Bonny Corp. contributions for year ended $12/3174,00068,000$Benefits paid during year$67,00060,000$Fair value of plan assets, $1/1?600,000$Actuarial $($gain$)$ loss on PBO during year$(13,000)4,400$Expected return on plan assets$7\%7\%$Discount rate$6\%6\%$

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Bonny Corp. had no beginning balance in its AOCI$$net actuarial $($gain$)$ loss on January $1,20$X$1.$ The actuarial $($gains$)$ losses on PBO arose due to changes in assumptions made by the actuaries regarding salary increases $(20$X$1)$ and mortality estimates $(20$X$2).$

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Required:

Compute Bonny$$s PBO at December $31,20$X$1,$ and December $31,20$X$2.$

Compute the fair value of plan assets at December $31,20$X$1,$ and December $31,20$X$2.$

Compute the funded status of the plan at December $31,20$X$1,$ and December $31,20$X$2.$

Compute the year$-$end balance in AOCI$$net actuarial loss $($gain$)$ for Bonny Corp. for $20$X$1$ and $20$X$2.$

Compute OCI for the years ended December $31,20$X$1,$ and December $31,20$X$2.$