Armando Hemandez Fashions, Inc. sponsors a defined-benefit pension plan for its employees. The company's pension trust provided the following information: fair value of beginning plan assets, $569,000; projected benefit obligation at the beginning of the year, $678,000; service cost, $54,000; interest on beginning PBO, $56,900; actual loss on plan assets, $35,800, composed of expected gains of $50,000 and unexpected losses of $85,800; actuarial gains because of assumptions about PBO, $98,543; benefit payments made to retirees, $29,780; and contributions made by the sponsor corporation, $86,500. There is no amortization necessary under the corridor approach. The ending balance of the PBO was previously calculated as $660,577. Determine the ending balance of the plan assets and indicate the funded status of the plan at the end of the year. (Abbreviations used: PBO Projected Benefit Obligation. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero. Use a minus sign or parentheses if the fund status is underfunded.) Plan Assets Plan Assets-Ending Balance Amount CIED