Question: Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2016, are shown below: Hicks Cable Company

Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2016, are shown below:

 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, 2016, are shown below: S in 000's) Case 1 Case 2 Case 3 $ 334$ (392) $ 288 Net loss (gain) AOCI, Jan. 1 2016 loss (gain) on plan assets 2016 loss (gain) on PBO Accumulated benefit obligation, Jan. 1 Projected benefit obligation, Jan. 1 Fair value of plan assets, Jan. 1 Average remaining service period (25) (37) (3,090) (22) (294) 30 4 (2,690) (3,450 2,810 (1,840) 2,840 (1,590) 2,940 1,690 of active employees (years) 15 18 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 2016. (Input all amounts as positive values.) (S in 000's) Case 2 Case 1 Case 3 334 392S Net gain or loss Less: Corridor amount ExcesS, if any Service period (years) Amortization of gain or loss 288 334 $ 392 $ 288 2. For each independent case, determine the net loss-AOCl or net gain-AOCI as of January 1, 2017 (Amounts to be deducted and losses amounts should be indicated by a minus sign.) (S in 000's) Case 2 Case 1 Case 3 Net loss (gain) Loss (gain) on plan assets Amortization Loss (gain) on PBO January 1, 2017 net gain (loss) - AOCI 334 (392)288 S 334.0 (392.0) 288.0

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