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Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension-related data...

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Accounting

Hicks Cable Company has a defined benefit pension plan. Three alternative possibilities for pension $-$ related data at January $1, 2024,$ are shown below:

$($ $ in thousands $)$

Case $1$ Case $2$ Case $3$

Net loss $($ gain $)$ AOCI $,$ January $1$ $ $340$ $ $(410) 281$

$2024$ loss $($ gain $)$ on plan assets $(31) (28) 6$

$2024$ loss $($ gain $)$ on PBO $(43) 36 (290)$

Accumulated benefit obligation, January $1 (3, 150) (2, 750) (1, 650)$

Projected benefit obligation, January $1 (3, 510) (2, 870) (1, 900)$

Fair value of plan assets, January $1 3, 000 2, 900 1, 750$

Average remaining service period of active employees $($ years $) 10 12 7$

Required:

For each independent case, calculate any amortization of the net loss or gain that should be included as a component of pension expense for $2024 .$

For each independent case, determine the net lossAOCI or net gainAOCI as of January $1, 2025 .$

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