Question: Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2021. are shown below. (22) Niet loss

 Hicks Cable Company has a defined benefit pension plan. Three alternative

Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2021. are shown below. (22) Niet loss (gain)-AOC, Jan 1 2021 loss (gain) on plan assets 2021 loss (win) on PRO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan. 1 Fair value of plan assets, Jan. 1 Average remaining service period of active employees (years) (5 in thousands) Case 1 Case 2 Case 3 3 334 $ (392) $ 288 (25) 4 (3) 30 (294) (3,090) (2,690) (1,590) (450) (2,810) (1,840) 2,940 2,840 1,690 11 13 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 2021 2. For each Independent case determine the net loss.-AOCI or net gain--AOCI as of January 1, 2022

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