The following data relate to Arctic's defined benefit pension plan. PBO balance, Jan. 1 $297 m...
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The following data relate to Arctic's defined benefit pension plan. PBO balance, Jan. 1 $297 m Plan Assets balance, Jan. 1 277 m Net loss-AOCI (amortization, if any, over 10 years), Jan. 1 39.7 m Required: Calculate the amount of net loss-AOCI amortization in the current year, if any (4 pts). The following data relate to Arctic's defined benefit pension plan. PBO balance, Jan. 1 $297 m Plan Assets balance, Jan. 1 277 m Net loss-AOCI (amortization, if any, over 10 years), Jan. 1 39.7 m Required: Calculate the amount of net loss-AOCI amortization in the current year, if any (4 pts).
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