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Data for 2021 were as follows: PBO, January 1, $240,000 and December 31, $270,000, pension plan assets (fair value) January 1, $180,000, and December 31,

Data for 2021 were as follows: PBO, January 1, $240,000 and December 31, $270,000, pension plan assets (fair value) January 1, $180,000, and December 31, $230,000. The projected benefit obligation was underfunded at the end of 2021 by

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