Question

The following information for Cooper Enterprises is given below: December 31, 2021 $1,600,000 1,200,000 503,700 Plan assets (at fair value) Projected benefit obligation Accumulated other comprehensive loss The average remaining service life of employees is 10 years. The amortization of Accumulated Other Comprehensive Loss for 2022, using the Corridor method, is Select one: A. $0. B. $69,000. C. $34,370. D. $38,370,

Answer 1

Answer:

for Cooper Enterprises is given below: December 31, 2021 Plan assets (at fair value) $1600,00... ... Assets (at Fair Value) $1,600,000 Projected Benefit Obligation 1,200,000 Accumulated Other Comprehensive Loss 503,700 The Average ...