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Business, 16.04.2020 22:50 nnn79

Russell Corporation had a projected benefit obligation of $3,000,000 and plan assets of $4,000,000 at January 1, 20X7. Shin also had a net actuarial loss of $465,000 in accumulated OCI at January 1, 20X7. The average remaining service period of Shin's employees is 8 years. Compute Shin's minimum amortization of the actuarial loss.

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