Boonay Company has set up a pension plan for its staff. The information given is that available for 2014.  Salaries $3,000,000 Pension Expense $250,000 Prior Service Cost $185,000 Prepaid/Accrued Pension Cost $30,000 Obligation Balance $683,000 Plan Asset Balance $763,000 Prepaid/Accrued Balance $79,200 What will Boonay record as Other Comprehensive Income for 2014?

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To determine the Other Comprehensive Income OCI for 2014 we need to calculate the gain or loss on th... View the full answer