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Blossom Company has 320 employees who are expected to receive benefits under the company's defined-benefit...

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Accounting

Blossom Company has 320 employees who are expected to receive benefits under the company's defined-benefit pension plan. The
total number of service-years of these employees is 3,200. The actuary for the company's pension plan calculated the following net
gains and losses:
Prior to 2025, there was no unrecognized net gain or loss.
Information about the company's projected benefit obligation and market-related (and fair) value of plan assets follows:
Based on the above information about Blossom Company, prepare a schedule which reflects the amount of net gain or loss to be
amortized by the company as a component of pension expense for the years 2025,2026, and 2027. The company amortizes net gains
or losses using the straight-line method over the average service life of participating employees. (Do not leave any answer field blank.
Enter 0 for amounts.)
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