Chapter 17-5 Intermediate Accounting

Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data ot 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 AOCl or net gain-AOCI as of January 1,2025. 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 AOCl or net gain-AOCl as of January 1,2025. Complete this question by entering your answers in the tabs below. For each independent case, colculate any amortiration of the net loss or gain that should be included as a component of persion oxpense for 2024 . Note: tnter your aniwer in thousands (1,0,10,000 should be entered as 10). 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 - AOCl or net gain-AOCl as of January 1, 2025. Complete this question by entering your answers in the tabs below. Fof each independent case, determine the net loss AOCI or net gain-AOCI as of January 1,2025 . Noteti Amounte to tain deducted should be indicated by a minue sian. Enter your answor in thownands. (i.e. 10,000 nhould be nntiores. at 10