A company's defined benefit pension plan had a PBO of $269,000 on Jan A company's defined benefit pension plan had a PBO

Buy here: http://homework.plus/a-companys-defined-benefit-pensi on-plan-had-a-pbo-of-269-000-on-january-1-2016-during -2016-pension/ ● A company's defined benefit pension plan had a PBO of $269,000 on January 1, 2016. During 2016, pension benefits paid were $43,000. The discount rate for the plan for this year was 8%. Service cost for 2016 was $89,000. Plan assets (fair value) increased during the year by $51,000. The amount of the PBO at December 31, 2016, was: $226,000. $379,520. $336,520. None of these answer choices is correct. ● Mars Inc. has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $114,000; benefits paid to retirees, $13,500; interest cost, $8,400. The discount rate applied by the actuary was 10%. What was the beginning PBO?