Tamarisk corporation amended its pension plan on january 1, Accounting Basics

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Tamarisk corporation amended its pension plan on january 1

Problem

Tamarisk Corporation amended its pension plan on January 1, 2017, and granted $153,180 of prior service costs to its employees. The employees are expected to provide 2,070 service years in the future, with 380 service years in 2017.

Compute prior service cost amortization for 2017.

Prior service cost amortization for 2017 is?

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Accounting Basics: Tamarisk corporation amended its pension plan on january 1

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Accounting Basics: Tamarisk corporation amended its pension plan on january 1

Reference No:- TGS02783585

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