11. Presented below is information related to Peach Corporation's defined benefit pension plan for calendar 2018. The corporation uses the immediate recognition approach under IFRS. Defined benefit obligation, Jan 1.... $200,000 Fair value of plan assets, Jan 1. 180,000 Current service cost. 27,000 Contributions to plan.. 25,000 Actual and expected return on plan assets... ........ 9,000 Benefits paid to retirees 40,000 Interest (discount) rate.... 10% The balance of the defined benefit obligation at December 31, 2018 is a. $185,000. b. $187,000. C. $207,000. d $245,000