1. Differentiate between the projected benefit obligation, the accumulated benefit obligation, and the vested benefit obligation. Also, rank each measurement basis as to relative size (e.g. largest etc). 2013 are as follows: (S in 000s) PBO. 1 January Plan Assets, 1 January Prior Service Costs,1 January Service costs Loss from change in actuarial assumption 44 Benefits paid Actual return on plan assets Contributions Expected years of Service 1,000 600 24 150 72 40 12 The settlement rate and expected long-terrm rate of return on plan assets is 8%. There are no AOCI balances related to pension gains/losses on I January 2013. Required Calculate the pension expense for 2013. Prepare the journal entry for 2013 What amount will Dharma Initiative report in its 2013 balance sheet as a net pension asset or net pension liability? Prepare a rollforward of the PBO and Plan Assets. I. 2. 3. 4