14. What is the ending balance of plan assets? a. 1,770,000

b. 1, 845,000

c. 1920,000

d. 1,955,000

15. What is the ending balance of the projected benefit obligation (PBO)? a. $1,730,000 b. 1,821,000

c. 1,896,000

d. 1,971,000

16. At the beginning of the year, the pension plan is: a. over funded by $20,000. b. over funded by $35,000

c. underfunded by $20,000

d. underfunded by $35,000

17. The underfunding or over funding of the plan at year end will be disclosed in the:

a. balance sheet of the plan sponsor. b. balance sheet of the plan trustee at cost.

c.income statement of the plan sponsor.

d. notes to the financial statements of the plan sponsor.

Emplover's contribution Interest cost 156.000 Emplover's contribution Interest cost 156.000