accounting

Pearsall Company's defined benefit pension plan had a PBO of $275,000 on January 1, 2021. During 2021, pension benefits paid were $45,000. The discount rate for the plan for this year was 10%. Service cost for 2021 was $82,000. Plan assets (fair value) increased during the year by $47,000. The amount of the PBO at December 31, 2021, was: Multiple Choice O $230,000. O $384,500. O $339,500. O None of these answer choices are correct