Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at...

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Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2024, are shown below: Case 1 Net loss (gain)-AOCI, January 1 $ 335 ($ in thousands) Case 2 $ (397) Case 3 305 2024 loss (gain) on plan assets (26) (23) 5 2024 loss (gain) on PBO (38) 31 Accumulated benefit obligation, January 1 (3,100) (2,700) Projected benefit obligation, January 1 (3,460) Fair value of plan assets, January 1 2,950 (2,820) 2,850 (310) (1,600) (1,850) 1,700 Average remaining service period of active employees (years) 12 14 10 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-AOCI or net gainAOCI as of January 1, 2025. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. Note: Enter your answer in thousands (i.e., 10,000 should be entered as 10). Net gain or loss Less: Corridor amount Excess, if any Service period (years) Amortization of gain or loss ($ in thousands) Case 1 Case 2 Case 3 $ 335 $ 397 $ 305 Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2024, are shown below: Case 1 Net loss (gain)-AOCI, January 1 $ 335 ($ in thousands) Case 2 $ (397) Case 3 305 2024 loss (gain) on plan assets (26) (23) 5 2024 loss (gain) on PBO (38) 31 Accumulated benefit obligation, January 1 (3,100) (2,700) Projected benefit obligation, January 1 (3,460) Fair value of plan assets, January 1 2,950 (2,820) 2,850 (310) (1,600) (1,850) 1,700 Average remaining service period of active employees (years) 12 14 10 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-AOCI or net gainAOCI as of January 1, 2025. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. Note: Enter your answer in thousands (i.e., 10,000 should be entered as 10). Net gain or loss Less: Corridor amount Excess, if any Service period (years) Amortization of gain or loss ($ in thousands) Case 1 Case 2 Case 3 $ 335 $ 397 $ 305