Data for 2010 were as follows PBO, Jan 1, $ 241,000 and Dec 31, $279,000; Pension plan

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Data for 2010 were as follows PBO, Jan 1, $ 241,000 and Dec 31, $279,000; Pension plan assets (fair value) Jan 1, $184,000, and Dec 31, $237,000. The projected benefit obligation was underfunded at the end of 2010 by?

a. $57,000

b. $ 38,000

c. $ 53,000

d. $42,000

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Question Posted: Apr 17, 2012 06:52 AM

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Data for 2010 were as follows PBO, Jan 1, $ 241,000 and Dec 31, $279,000; Pension plan

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d Computation of the projected benefit obligation ...View the full answer

Intermediate Accounting

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