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 | Page 3

●

Scallion Company received the following reports of its defined benefit pension
plan for the current calendar year:

PBO

Balance, January 1

Plan assets

$430,00

Balance, January 1

0

Service cost

192,000

$252,00
0

Actual return

38,000