On January 1 . 2014, Reds Corporation adopted a defined benefit pension plan. The plan's service cost of $140,000 was fully funded at the end of 2014 . Prior service cost was funded by a contribution of $50,000 in 2014 . Amortization of prior service cost was $14,000 for 2014 . What is the amount of Reds' prepaid pension cost at December 31 . 2014?
a. $36,000
b. $60,000
c. $84,000
d. $90,000
A
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