The following information relates to the defined benefit pension plan of the Bamberger Co.:
(1)Compute the amount of service cost for 2014.
(2)Prepare the reconciliation between the beginning and ending balances for the projected benefit obligation disclosure as required by GAAP.
Definitions:
Complex System
A system composed of interconnected parts that as a whole exhibit one or more properties not obvious from the properties of the individual parts.
European Exploration
The period of history where European powers explored, colonized, and interacted with the rest of the world, vastly expanding their knowledge and influence.
Natural Environment
The physical, chemical, and biological systems and conditions that exist in the outer layer of Earth, excluding human creations.
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