What is the amount of amortization to pension expense

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Problem - Assume that at the beginning of the current year, a company has an overall net loss on the plan of $30 million. At the same time, assume the PBO and the plan assets are $250 million and $175 million, respectively. The average remaining service period for the employees expected to receive benefits is 10 years. What is the amount of amortization to pension expense for the year?

Reference no: EM133003244

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