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At January 1, 2019, XYZ Company had plan assets of 215,000 and a defined benefit obligation of the same amount. During 2019, service cost was
At January 1, 2019, XYZ Company had plan assets of 215,000 and a defined benefit obligation of the same amount. During 2019, service cost was 22,500, the discount rate was 10% actual and expected return on plan assets were 26,000, contributions were 20,000, and benefits paid were 19,500. Based on this information what would be the Defined benefit obligation for XYZ Company for 2019?
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