Crane Corporation had a projected benefit obligation of $3,361,000 and plan assets of $3,581,000 at...

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Accounting

Crane Corporation had a projected benefit obligation of $3,361,000 and plan assets of $3,581,000 at January 1,2025. Crane also had a net actuarial loss of $466,220 in accumulated OCl at January 1,2025. The average remaining service period of Crane's employees is 6.8 years.
Compute Crane's minimum amortization of the actuarial loss.
Minimum amortization of the actuarial loss
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