The trustee for the Bronson Corporation pension sent a report to the CEO with the following information for the fiscal year:  Beginning balance of plan assets at fair value$1,560,000 Actual return on plan assets$210,000 Employer's contribution$150,000 Distributions to retirees$75,000 Service cost$125,000 Interest cost$156,000 Loss from changes in benefits or assumptions$35,000 Beginning balance of the PBO$1,580,000 The ending balance of the projected benefit obligation (PBO) is:

A. $1,971,000.
B. $1,730,000.
C. $1,896,000.
D. $1,821,000.


Answer: D

Business

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