Business, 23.05.2020 19:02 ariellllllllllllllll

The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2018: ($ in 000s) Jan. 1 Dec. 31 Projected benefit obligation $ 4,800 $ 5,080 Accumulated benefit obligation 3,750 4,020 Plan assets (fair value) 5,580 6,025 Interest (discount) rate, 7% Expected return on plan assets, 10% Prior service cost?AOCI (from Dec. 31, 2017, amendment) 910 Net loss?AOCI 578 Average remaining service life: 10 years Gain due to changes in actuarial assumptions 52 Contributions to pension fund (end of year) 410 Pension benefits paid (end of year) 365 Required: Prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2018. (Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in thousands (i. e. 200,000 should be entered as 200).)

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The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pe...

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