Question: Pharoah Corp. the following beginningoftheyear present values for its projected benefit obligation and market - related values for its pension plan assets Projected Benefit Obligation

Pharoah Corp. the following beginningoftheyear present values for its projected benefit obligation and market-related values for its pension plan assets Projected Benefit Obligation Plan Assets Value 2024 $2,120,000 $ 2,014,00020252,544,0002,650,00020263,127,0002,756,00020273,816,0003,180,000 The average remaining service life per employee in 2024 and 2025 is 10 years ; and in 2026 and 2027 is 12 years . The net gain or loss that occurred during each year is as follows : 2024 $296,800 loss 2025, $95.400 loss 2026, $11.660 loss ; and 2027, $26,500 gain (In working the solution the gains and fosses must be aggregated to arrive at year -end balances ) Using the corridor approach compute the amount of net gain or loss amortized and charged to pension expense in each of the four years , setting up an appropriate schedule .(Do not leave any answer field blank Enter for amounts ) Year Minimum Amortization of LossPharoah Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets.
\table[[,\table[[Projected],[Benefit],[Obligation]],,\table[[Plan],[Assets],[Value]]],[2024,$2,120,000,,$2,014,000
 Pharoah Corp. the following beginningoftheyear present values for its projected benefit

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