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Use the Following Information for Questions 74 Through 76

Question 70

Multiple Choice

Use the following information for questions 74 through 76.
The following data are for the pension plan for the employees of Lockett Company. Use the following information for questions 74 through 76. The following data are for the pension plan for the employees of Lockett Company.   Lockett's contribution was $420,000 in 2015 and benefits paid were $375,000. Lockett estimates that the average remaining service life is 15 years. -The corridor for 2015 was $300,000. The amount of AOCI-net loss amortized in 2015 was A)  $33,333. B)  $32,000. C)  $14,000. D)  $12,000. Lockett's contribution was $420,000 in 2015 and benefits paid were $375,000. Lockett
estimates that the average remaining service life is 15 years.
-The corridor for 2015 was $300,000. The amount of AOCI-net loss amortized in 2015 was


A) $33,333.
B) $32,000.
C) $14,000.
D) $12,000.

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