Question: Information reported for the Bruin's Inc. pension plan at December 31, 2020 was as follows: Net Loss - AOCI $720,000 Projected Benefit Obligation $4,000,000 Accumulated

Information reported for the Bruin's Inc. pension plan at December 31, 2020 was as follows:

Net Loss - AOCI $720,000

Projected Benefit Obligation $4,000,000

Accumulated Benefit Obligation $3,500,000

Plan Assets at Fair Value $3,750,000

Average remaining service

life of active employees 10 years

Calculate the amount of any amortization of Net Loss - AOCI that should be included as a component of Pension Expense for 2021'

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