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Calculate amortization of the net loss or gain

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Reference no: EM13847425

Hall of Fame Co. has a defined benefit pension plan. Two alternative possibilities for pension- related data for the current calendar year are shown below:

Required:

1) For each independent case, calculate amortization of the net loss or gain that should be included as a component of pension expense for the current year.

2) Determine the net loss or gain as of December 31 of the current year.

Reference no: EM13847425

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