Cotter
Corp. reports the following information (in hundreds of thousands of dollars)
to you about its defined benefit pension plan for 2011:
Actual
return on plan assets ……………………………… 11
Current
service cost …………………………………….. 21
Benefits
paid to retirees ………………………………… 8
Interest
cost …………………………………………….. 9
Contributions
from employer …………………………… 20
Opening
balance, accrued benefit obligation (ABO) …… 92
Cost
of plan amendment in year ………………………… 13
Opening
balance, fund assets …………………………… 100
Provide
a continuity schedule for the ABO for the year.
Accrued benefit
obligation, opening balance $92
Interest cost 9
Current service cost 21
Benefits paid to retirees (8 )
Past cost of plan amendment in year 13
Accrued benefit obligation, ending balance $127
