The following information relates to the pension plan for the employees of Sandhill Company: 1/1/25 12/31/25 12/31/26 Accum. benefit obligation $8840000 $9260000 $12200000 Projected benefit obligation 9365000 10058000 13607000 Fair value of plan assets 8525000 10520000 11654000 AOCI - net (gain) or loss 0 (1592000) (1640000) Settlement rate (for year) 11% 11% Expected rate of return (for year) 8% 7% Sandhill estimates that the average remaining service life is 16 years. Sandhill's contribution was $1323000 in 2026 and benefits paid were $987000. The amount of AOCI (net gain) amortized in 2026 is O $27175. O $17456. O $33750. O $19813.

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.