Nome Company sponsors a defined benefit plan covering all employees. Benefits are based on years of service and compensation levels at the time of retirement. Nome has a September 30 fiscal year-end. It determined that as of September 30, 2008, its ABO was \($320,000\), its PBO was \($380,000\), and its plan assets had a \($290,000\) fair value. Nome’s September 30, 2008 trial balance showed a balance sheet asset of $20,000.

Required: , What adjustment should Nome make to report the appropriate pension asset (liability) on its September 30, 2008 balance sheet?