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Cullumber Company provides the following selected information related to it's defined benefit pension plan for 2025. Pension asset/liability (January 1) $23,900 Cr. Accumulated benefit obligation

Cullumber Company provides the following selected information related to it's defined benefit pension plan for 2025.

Pension asset/liability (January 1) $23,900 Cr.

Accumulated benefit obligation (December 31) 401,000

Actual and expected return on plan assets 9,700

Contributions (funding) in 2025 149,800

Fair value of plan assets (December 31) 806,800

Settlement rate 10%

Projected benefit obligation (January 1) 702,800

Service cost 80,680 image text in transcribed

Indicate the pension-related amounts that would be reported in the company's income statement for 2025

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