Brief Exercise 17-8 (Algo) Reporting the funded status of pension plans [LO17-5) JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $80 million, $70 million, and $67 million, respectively at the end of the year. o. What, if any, pensionatility of pension asset must be reported in the balance sheet? b. What If any, pension Hability of pension asset must be reported in the balance sheet if the plan assets were $89 million instead? million