Smith, Inc. has a pension plan with the following data available for 20X1 and 20X2:

20X120X2Service cost$30,000$34,000Interest cost$18,000$20,000Actual return on plan assets$15,000$21,600Beginning of year plan assets$200,000$240,000Discount rate8%8%Expected return on plan assets8%8%

If the market-related value of the plan assets is $260,000 at the beginning of 20X2, the beginning of the year projected benefit obligation is $250,000, the cumulative net actuarial gains in AOCI are $30,000 at the beginning of 20X1 and $28,250 at the beginning of 20X2, and the average remaining service period of active employees is 10 years, then the amortization of actuarial gains for 20X2 is:

Multiple Choice

• $225.
• $0.
• $2,600.
• $200.