At the beginning of 2018, Moony, Inc. has a cumulative net actuarial loss in AOCI of $50,000 in its pension plan. The estimated remaining service period of active employees is 12 years for both years. 20182019Beginning plan asset value$335,000 $350,000 Beginning projected benefit obligation 325,000 385,000 Current year gain or (loss) (37,500) 25,000 The corridor for amortization for 2019 is:
A. $35,000.
B. $38,500.
C. $0.
D. $25,000.
Answer: B
Business
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