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What is the amount of amortization to pension expense

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At the beginning of the current year, Miller Company has a net gain-Accumulated Other Comprehensive Net Income of $30,000,000. The Projected Benefit Obligation and the plan assets are $225,000,000 and $175,000,000 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?

$500,000
$833,333
$1,500,000
$3,333,333

Reference no: EM131758418

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