Dickson Manufacturing Corp., a company reporting under IFRS, has a defined benefit pension plan. Pension information concerning the 2020 fiscal year is presented below (in millions): Information provided by the pension plan trustee

Fair value of plan assets, January 1, 2020	$1,600
Actual return on plan assets, 2020	224

The discount rate used in actuarial assumptions is 10%. What is the balance of the plan assets as at December 31, 2020?

Question 9 options:

a)

$1,376

b)

$1,664

c)

$1,760

d)

$1,824