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SteveS, MBA
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Carter components is computing the components of its pension

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Carter components is computing the components of its pension expense for the current year ended Dec 31. Carter gas calculated that its service cost is $ 60,000 and has computed interest cost as $ 42,000. the average remaining service life of its employee is 8 years. the pension benefit obligation at the beg of the year was $ 560,000 and at the end of the year $ 602,000 the company has an unrecognized gain of $ 60,000.
To what extent will the unrecognized gain reducce current year pension expense?
A.$ 25
B. $500
C. $ 750
D. $1,250
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