Question: Sunshine company has a defined benefit pension plan. Using the data available related to pension, calculate the amount of amortization of the net loss

Sunshine company has a defined benefit pension plan. Using the data available

Sunshine company has a defined benefit pension plan. Using the data available related to pension, calculate the amount of amortization of the net loss or gain that should be included as a component of pension expense for the current year? Average remaining service period of active employees Net gain, January 1 PBO, January 1 Plan assets, January 1 12 years $214,600 $1,630,000 $1,930,000

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