Jordon Corporation obtains the following information from its actuary. All amounts given are as of 1/1/06 (beginning of the year).
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1/1/06 |
|
|
Projected benefit obligation |
$1,530,000 |
|
Market-related asset value |
1,650,000 |
|
Unrecognized net loss |
235,000 |
|
Average remaining service period |
5.5 years |
What amount of unrecognized net loss should be recognized as part of pension cost in 2006?
- $70,000
- $42,727
- $14,909
- $12,727