Assume the actuary estimates the net cost of providing health care benefits to a particular employee during his retirement years to have a present value of $60,000. If the benefits relate to an estimated 25 years of service and five of those years have been completed:

A. The EPBO would be $12,000.

B. The EPBO would be $8,400.

C. The APBO would be $8,400.

D. The APBO would be $12,000.