On January 1, 19X1, Company G amends its pension plan, resulting in prior service costs of $200,000.

 
   

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On January 1, 19X1, Company G amends its pension plan, resulting in prior service costs of $200,000.

This amendment affects 50 employees. Ten of these employees are expected to retire each year over the next 5 years.

(1) What is the denominator for each year’s amortization fraction?

(2) Calculate the amortization for each year.