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ranamontana98
18.06.2021 •
Business
Shin Corporation had a projected benefit obligation of $3,100,000 and plan assets of $3,300,000 at January 1, 2020. Shin also had a net actuarial loss of $465,000 in accumulated OCI at January 1, 2020. The average remaining service period of Shin's employees is 7.5 years. Compute Shin's minimum amortization of the actuarial loss.
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Ответ:
$18,000
Explanation:
Projected benefit obligation= $3,100,000
Plan assets = $3,300,000
Corridor amount = Plan assets * Corridor percentage
Corridor amount = $3,300,000 * 10%
Corridor amount = $330,000
Accumulated loss = $465,000
Excess loss subject to amortization = $465,000 - $330,000
Excess loss subject to amortization = $135,000
Amortized to pension expense = Excess loss subject to amortization / Average remaining service
Amortized to pension expense = $135,000 / 7.5 years
Amortized to pension expense = $18,000
Ответ: