Use the following information for questions.
The following data are for the pension plan for the employees of Lockett Company.
Lockett's contribution was $1,260,000 in 2011 and benefits paid were $1,125,000.Lockett
estimates that the average remaining service life is 15 years.
-The corridor for 2011 was $900,000.The amount of unrecognized net loss amortized in 2011 was
A) $100,000.
B) $96,000.
C) $42,000.
D) $36,000.
Correct Answer:
Verified
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