Multiple Choice Question 76 The following data are for the pension plan for the employees of Ivanhoe Company 1 1 17 12 31 17 12 31 18 Accumulated benefit obligation $ 4000000 $ 4200000 $ 5800000 Projected benefit obligation 4400000 4600000 6400000 Plan assets (at fair value) 3600000 5000000 5600000 AOCL net loss 0 870000 900000 Settlement rate (for year) 9 8 Expected rate of return (for year) 7 6 Ivanhoes contribution was $740000 in 2018 and benefits paid were $650000 Ivanhoe estimates that the average remaining service life is 10 years The corridor for 2018 was $500000 The amount of AOCI net loss amortized in 2018 was

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Question: Multiple Choice Question 76 The following data are for the pension plan for the employees of Ivanhoe Company. 1/1/17 12/31/17 12/31/18 Accumulated benefit obligation $

Multiple Choice Question 76

The following data are for the pension plan for the employees of Ivanhoe Company.

	1/1/17		12/31/17		12/31/18
Accumulated benefit obligation	$	4000000	$	4200000	$	5800000
Projected benefit obligation		4400000		4600000		6400000
Plan assets (at fair value)		3600000		5000000		5600000
AOCL net loss		0		870000		900000
Settlement rate (for year)				9%		8%
Expected rate of return (for year)				7%		6%

Ivanhoes contribution was $740000 in 2018 and benefits paid were $650000. Ivanhoe estimates that the average remaining service life is 10 years. The corridor for 2018 was $500000. The amount of AOCI-net loss amortized in 2018 was

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