Question - Headland Corp. has three defined benefit pension plans as follows.
|
Pension Assets (at Fair Value)
|
Projected Benefit Obligation
|
Plan X
|
$608,000
|
$471,000
|
Plan Y
|
811,000
|
763,000
|
Plan Z
|
503,000
|
636,000
|
How will Headland report these multiple plans in its financial statements?