Question: Your answer is partially correct. Blossom Inc. has beginning - of - the - year present values for its projected benefit obligation and market -

Your answer is partially correct.
Blossom Inc. has beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension
plan assets.
The average remaining service life per employee in 2024 and 2025 is 8 years and in 2026 and 2027 is 11 years. The net gain or loss
that occurred during each year is as follows: 2024,$178,200 gain; 2025,$43,200 gain; 2026, $32,400 loss; and 2027, $16,200 loss. (In
working the solution, the gains and losses 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 4 years,
setting up an appropriate schedule. (Round answers to 0 decimal places, e.g.22,500.)
 Your answer is partially correct. Blossom Inc. has beginning-of-the-year present values

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