Shin corporation had a projected benefit obligation of, Ask an Expert

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Shin Corporation had a projected benefit obligation of $3,181,600 and plan assets of $3,361,300 at January 1, 2014. Shin also had a net actuarial loss of $493,890 in accumulated OCI at January 1, 2014. The average remaining service period of Shin’s employees is 8 years. Compute Shin’s minimum amortization of the actuarial loss.

The Minimum amortization of the actuarial loss is $_____________

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92047893

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