Solution-Amount of amortization to pension expense for the

Amount of amortization to pension expense for the year

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Reference no: EM131758450

At the beginning of the current year, Bridges Corporation has a net gain-Accumulated Other Comprehensive Net Income of $80,000,000. The Projected Benefit Obligation and the plan assets are $500,000,000 and $650,000,000 respectively. The average remaining service period for the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year?

$1,000,000
$1,500,000
$2,000,000
$8,000,000

Reference no: EM131758450

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Amount of amortization to pension expense for the year

Reference no: EM131758450

Reference no: EM131758450

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