At the Beginning of the Current Year,a Pension Has Assets

question 5

Essay

At the beginning of the current year,a pension has assets of $74,500,000 and accrued benefit obligation of $77,500,000.At this time,unamortized actuarial losses were $6,750,000 on plan assets and $2,800,000 on plan obligations.The expected average remaining service lives (EARSL)of current employees is 18 years.
Requirement:
Compute the minimum corridor amortization.

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Definitions:

Yerkes-Dodson Law

A theory that suggests there is an optimal level of arousal for performance, and that too little or too much arousal can adversely affect task performance.

Mental Arousal

The psychological state of being alert and mentally engaged, often in response to stimulation or challenge.

Physical Arousals

Pertains to bodily reactions or physiological responses to stimuli.

Karoshi

A Japanese term that translates to "death from overwork," referring to fatalities or health issues as a result of excessive job stress and long work hours.