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What is the amount of amortization to pension expense

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Question - At the beginning of the current year, Fox Co. has a net gain (accumulated other comprehensive income) of $1,000,000. The projected benefit obligation and the plan assets are $3,800,000 and $4,200,000 respectively. The average remaining service period for the employees is 20 years. What is the amount of amortization to pension expense for the year?

A) $29,000

B) $31,000

C) $160,000

D) $140,000

Reference no: EM132554190

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