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At the beginning of the...

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Accounting

At the beginning of the current year, Miller Company has a net gain Accumulated - Other Comprehensive Net Income of

$30,000,000. The Projected Benefit Obligation and the plan assets are $235,000,000 and $175,000,000 respectively. The average remaining service period for the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year? (Do not round intermediary calculations. Only round your final answer to the nearest dollar.

A.

$1,566,667

B.

$1,666,667

C.

$400,000

D.

$433,333

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