A company with a defined benefit pension plan prepared a pension spreadsheet. The ending balance of the PBO was $754 million, and the ending balance of the pension plan assets was $730 million. Therefore, the company would report on its balance sheet: Net pension plan assets of $730 million. Net pension liability of $24 million. Net pension liability of $754 million. Net pension plan assets of $24 million.

A company with a defined benefit pension plan prepared a pension spreadisheet. The ending batance of the PBO was 5754 million, and the ending halanre of the nencion olan assets was $730 million. Therefore, the company would report on its balance shcet: Netpersion plan assets or 5730 mifion Net perchon fibilityor $854 milion Net pemion plan assets of $24 milion