ABC Corporation had a projected benefit obligation of $4,300…
ABC Corporation had a projected benefit obligation of $4,300,000 and plan assets of $4,100,000 at January 1, 2025. ABC also had a net actuarial loss of $565,000 in accumulated OCI-G/L at January 1, 2025. The average remaining service period of ABC’s employees is 5 years. Required: Compute ABC’s minimum amortization of the actuarial loss for 2025, if any.