Premier Sports Inc Has a Beginning PBO Balance of $628,000

question 91

Multiple Choice

Premier Sports Inc has a beginning PBO balance of $628,000 and a beginning market-related value of plan assets of $560,000. The net actuarial gain at the beginning of the period is $87,500 and the average employee base has a remaining service life of 20 years. What is the required amortization of actuarial gains or losses for the current year?

• A) $1,235
• B) $3,140
• C) $4,375
• D) $24,700

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