1. The following information pertains to Rembrandt Inc.'s pension plan for calendar 2017: Defined benefit obligation at Jan 1/17...... $96,000 Interest (discount) rate..............." 10% Current service costs........ $24,000 Pension benefits paid retirees....... . . $20,000 The corporation uses IFRS. If no change in actuarial estimates occurred during 2017, Rembrandt's defined benefit obligation at December 31, 2017 would be (5 marks) a) $85,600. b) $100,000. c) $105,600. d) $109,600.X $96.000 + $24,000 + ($96,000 x 10%) - $20.000 = $109.600