Cullumber Corporation had a projected benefit obligation of $2,793,000 and plan assets of $2,993,000 at January 1, 2025. Cullumber also had a net actuarial loss of $444,800 in accumulated OCI at January 1, 2025. The average remaining service period of Cullumber's employees is 7.5 years.
Compute Cullumber's minimum amortization of the actuarial loss.
Minimum amortization of the actuarial loss: $44,480