Defined Benefit Plan Problem - Data for Fox Co. 2020 Worksheet: Expected return on assets: 5% Contributions to play. $80.000 Settlement/Discount rate: 4% Service cost: 50.000 Actual return on assets: 10% Benefits paid to retirees. 60.000 Beginning 2020 Year Info (December 31, 2019 balances); Projected Benefit Obligation (PBO) $700.000 Plan Assets 600,000 Accumulated net other comprehensive gain 100.000 (average service life is 30 years) 200,000 Prior Service Cost (for 50 employees retiring below) 10 retire in 3 years, 25 retire in 4 years, 15 retire in 8 years Use years of service method, not straight-line, to amortize In calculating the Projected Benefit Obligation at 12/31/20, what is the Interest Costs amount? O $70,000 $30,000 O $28,000 $35,000 $24,000