Ivanhoe, Inc.$\text{'}$s defined benefit pension plan covers $7,900$ employees. In its negotiations with the employees, Ivanhoe, Inc. amends its pension plan on January $1,2026,$ and grants $$3,709,050$ of prior service costs to its employees. Employees were grouped according to expected years of retirement and the resulting amount of total service years was $24,727.$

$($a$)$

Question $20$ of $25$

$\frac{0\mathrm{.}67}{1}$

Attempts: $1$ of $3$ used

$($c$)$

Your answer is incorrect.

Under the straight$-$line method of amortization, what would be the amortization amount for $2027?($Round average to $3$ decimal places, e$.$g$.0\mathrm{.}625.)$

Amortization amount for $2027$

$