BE19-23 (similar to) Question Help Shore Hernandez 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, $576,000: projected benefit obligation at the beginning of the year, $674,000; service cost, $59,000; interest on beginning PBO, $56,300; actual loss on plan assets, $35,200; composed of expected gains of $55,500 and unexpected losses of $85,100; actuarial gains because of in assumptions about PBO $98,639; benefit payments made to retirees, $29,788; and contributions made by the sponsor corporation, $86,700. There is no amortization necessary under the corridor approach. The ending balance of the PBO was previously calculated as S660,973. 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 a box is not used in the statement, leave the box empty, do not select a label or enter a zero. Use a minus sign or parentheses if the fund status is underfunded.) Plan Assets Amount Plan Assets-Ending Balance Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Answer 29