Exercise 19-13 The following information is in regards to Sunland Corp.'s defined benefit pension plan. Defined benefit obligation, 1/1/17 (before amendment $245,000 157,000 Plan assets, 1/1/17 Discount rate 10% 13,500 Annual pension service cost Actual return on plan assets 7,850 On January 1, 2017, the company amended its pension plan, which resulted in a reduction in prior service benefits for current employees. The present value of the reduced benefits is $36,500