Question: I need help with this problem please assume as possible Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data

 I need help with this problem please assume as possible Hicks

Cable Company has a defined benefit pension plan. Three alternative possibilities for

pension-related data at January 1, 2021, are shown below: ($ in thousands)

I need help with this problem please assume as possible

Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data at January 1, 2021, are shown below: ($ in thousands) Case 1 Case 2 Case 3 $ 834 (392) $ 288 (25) (22) 4 (37) 30 (294) (3, ege) (2,690) (1,598) (3,450) (2,818) (1,840) 2,940 2,840 1,690 Net loss (gain)-AOCI, Jan. 1 2021 loss (gain) on plan assets 2021 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 of active employees (years) -ok ant ences 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 2021. 2. For each Independent case, determine the net loss-AOCI or net gain-AOCI as of January 1, 2022 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 2021. (Input all amounts as positive values.) (S in thousands) Case 1 Case 2 21 onl Case 3 100! IN ac 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 Complete this question by entering your answers in the tabs below. Dok rences 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 2021. (Input all amounts as positive values.) (s in thousands) Case 1 Case 2 S 334 S 392 Case 3 S 288 Net gain or loss Lass: Corridor amount Excess, if any Service period (years) Amortization of gain or loss S S S 334 15 22 392 18 22 288 13 S 5 S 22 Required 2 > MC Graw Hill Prev 1 of 1 Next 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. s Complete this question by entering your answers in the tabs below. eBook Print eferences Required 1 Required 2 For each independent case, determine the net loss-AOCI or net gain-AOCI as of January 1, 2022. (Amounts to be deducted and loss amounts should be indicated by a minus sign.) Case 1 (s in thousands) Case 2 5 (392) Case 3 s 288 S 334 January 1, 2021 net loss (gain) Loss (gain) on plan assets Amortization Loss (gain) on PBO January 1 2022 net loss or (gain) - AOCI 3345 (302) S 288

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