9. Denver company's defined benefit pension plan had a PBO of $250 million on January 1, 2022. During 2022, pension benefits paid were $54 million. The discount rate for the plan for this year was 8%. Service cost was $68 million. Plan assets (fair value) increased during the year by $72 million. in 2022 gain due to changes in actuarial assumption in PBO has $15 million. The amount of PBO at December 31, 2022 was:

1. 299Million

2. 284Million

3. 269Million

4. 276Million