Question

Pearl Enterprises provides the following information relative to its defined benefit pension plan.

Balances or Values at December 31, 2020
Projected benefit obligation		$2,743,700
Accumulated benefit obligation		1,980,300
Fair value of plan assets		2,290,800
Accumulated OCI (PSC)		212,000
Accumulated OCI—Net loss (1/1/20 balance, 0)		45,800
Pension liability		452,900
Other pension plan data for 2020:
Service cost		$94,300
Prior service cost amortization		42,200
Actual return on plan assets		129,800
Expected return on plan assets		175,600
Interest on January 1, 2020, projected benefit obligation		254,300
Contributions to plan		92,700
Benefits paid		139,800

Compute the amount of accumulated other comprehensive income reported at December 31, 2020. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Accumulated other comprehensive income (loss)

$

Answer 1

Accumulated OCI—Net loss (1/1/20 balance, 0)	45800
Accumulated OCI (PSC)	212,000
accumulated other comprehensive income reported at December 31, 2020	257,800