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At January 1, 2021, Peace Company had plan assets of 215,000 and a defined benefit obligation of the same amount. During 2021, service cost was
At January 1, 2021, Peace Company had plan assets of 215,000 and a defined benefit obligation of the same amount. During 2021, service cost was 27,500, the discount rate was 10% actual return on plan assets was 28,000, contributions were 22,000, and benefits paid were 18,500. Based on this information, what would be the amount of plan assets on 12/31/21?
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