H1. Current Attempt in ProgressThe following information relates to Ivanhoe, Incorporated:Plan assets (at fair value)Pension expenseProjected benefit obligationAnnual contribution to planAccumulated OCI (PSC)For the Year Ended December 31,2025$15600007550001930000O $175000.O $530000.O $0.O $2411000.8000006200002026$22360005850002411000585000530000The amount reported as the liability for pensions on the December 31, 2026 balance sheet is

Projected benefit obligation for 2026 = $2,411,000 Plan asset (at fair value) for 2026 =…

assets (at fair value) sion expense ected benefit obligation ual contribution to plan umulated OCI (PSC) 2025 $1560000 $175000. 755000 1930000 800000 620000 2026 $2236000 585000 2411000 585000 530000 mount reported as the liability for pensions on the December 31, 2026 bal

assets (at fair value) sion expense ected benefit obligation ual contribution to plan umulated OCI (PSC) 2025 $1560000 $175000. 755000 1930000 800000 620000 2026 $2236000 585000 2411000 585000 530000 mount reported as the liability for pensions on the December 31, 2026 bal

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

H1.

Current Attempt in Progress
The following information relates to Ivanhoe, Incorporated:
Plan assets (at fair value)
Pension expense
Projected benefit obligation
Annual contribution to plan
Accumulated OCI (PSC)
For the Year Ended December 31,
2025
$1560000
755000
1930000
O $175000.
O $530000.
O $0.
O $2411000.
800000
620000
2026
$2236000
585000
2411000
585000
530000
The amount reported as the liability for pensions on the December 31, 2026 balance sheet is

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