Question - Teal Corporation has the following balances at December 31, 2017.
Projected benefit obligation
|
$2,474,000
|
Plan assets at fair value
|
1,851,000
|
Accumulated OCI (PSC)
|
1,126,000
|
What is the amount for pension liability that should be reported on Teal's balance sheet at December 31, 2017?