Question: Whispering Corporation has the following balances at December 31, 2017.
|
Projected benefit obligation
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$2,782,000
|
|
Plan assets at fair value
|
2,209,000
|
|
Accumulated OCI (PSC)
|
1,097,000
|
Required: What is the amount for pension liability that should be reported on Whispering's balance sheet at December 31, 2017?
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