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Your answer is incorrect. Determine the amounts of other comprehensive income and comprehensive income for 2025. Net income for 2025 is $34,900. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) $ Comprehensive income (loss) $ eTextbook and Media Oriole Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2025 Projected benefit obligation $2,763,600 Accumulated benefit obligation 1,991,900 Fair value of plan assets 2,298,100 Accumulated OCI (PSC) 211,900 Accumulated OCI-Net loss (1/1/25 balance, 0) 45,300 Pension liability 465,500 Other pension plan data for 2025: Service cost $94,300 Prior service cost amortization 42,100 Actual return on plan assets 129,800 Expected return on plan assets 175,100 Interest on January 1, 2025, projected benefit obligation 252,600 Contributions to plan 92,400 Benefits paid 139,100 (a) Your answer is correct. Prepare the note disclosing the components of pension expense for the year 2025. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Service Cost Interest Cost Components of Pension Expense Prior Service Cost Amortization Expected Return on Plan Assets Pension Expense eTextbook and Media $ 94300 252600 42100 -175100 $ 213900

Your answer is incorrect. Determine the amounts of other comprehensive income and comprehensive income for 2025. Net income for 2025 is $34,900. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) $ Comprehensive income (loss) $ eTextbook and Media Oriole Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2025 Projected benefit obligation $2,763,600 Accumulated benefit obligation 1,991,900 Fair value of plan assets 2,298,100 Accumulated OCI (PSC) 211,900 Accumulated OCI-Net loss (1/1/25 balance, 0) 45,300 Pension liability 465,500 Other pension plan data for 2025: Service cost $94,300 Prior service cost amortization 42,100 Actual return on plan assets 129,800 Expected return on plan assets 175,100 Interest on January 1, 2025, projected benefit obligation 252,600 Contributions to plan 92,400 Benefits paid 139,100 (a) Your answer is correct. Prepare the note disclosing the components of pension expense for the year 2025. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Service Cost Interest Cost Components of Pension Expense Prior Service Cost Amortization Expected Return on Plan Assets Pension Expense eTextbook and Media $ 94300 252600 42100 -175100 $ 213900

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter19: Accounting For Post Retirement Benefits
Section: Chapter Questions
Problem 6MC
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Your answer is incorrect. Determine the amounts of other comprehensive income and comprehensive income for 2025. Net income for 2025 is $34,900. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) $ Comprehensive income (loss) $ eTextbook and Media
Transcribed Image Text:Your answer is incorrect. Determine the amounts of other comprehensive income and comprehensive income for 2025. Net income for 2025 is $34,900. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Other comprehensive income (loss) $ Comprehensive income (loss) $ eTextbook and Media
Oriole Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2025 Projected benefit obligation $2,763,600 Accumulated benefit obligation 1,991,900 Fair value of plan assets 2,298,100 Accumulated OCI (PSC) 211,900 Accumulated OCI-Net loss (1/1/25 balance, 0) 45,300 Pension liability 465,500 Other pension plan data for 2025: Service cost $94,300 Prior service cost amortization 42,100 Actual return on plan assets 129,800 Expected return on plan assets 175,100 Interest on January 1, 2025, projected benefit obligation 252,600 Contributions to plan 92,400 Benefits paid 139,100 (a) Your answer is correct. Prepare the note disclosing the components of pension expense for the year 2025. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Service Cost Interest Cost Components of Pension Expense Prior Service Cost Amortization Expected Return on Plan Assets Pension Expense eTextbook and Media $ 94300 252600 42100 -175100 $ 213900
Transcribed Image Text:Oriole Enterprises provides the following information relative to its defined benefit pension plan. Balances or Values at December 31, 2025 Projected benefit obligation $2,763,600 Accumulated benefit obligation 1,991,900 Fair value of plan assets 2,298,100 Accumulated OCI (PSC) 211,900 Accumulated OCI-Net loss (1/1/25 balance, 0) 45,300 Pension liability 465,500 Other pension plan data for 2025: Service cost $94,300 Prior service cost amortization 42,100 Actual return on plan assets 129,800 Expected return on plan assets 175,100 Interest on January 1, 2025, projected benefit obligation 252,600 Contributions to plan 92,400 Benefits paid 139,100 (a) Your answer is correct. Prepare the note disclosing the components of pension expense for the year 2025. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Service Cost Interest Cost Components of Pension Expense Prior Service Cost Amortization Expected Return on Plan Assets Pension Expense eTextbook and Media $ 94300 252600 42100 -175100 $ 213900
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