Exercise 19-9 The following defined benefit pension data of Blossom Corp. apply to the year 2017: Defined benefit obligation, funding basis, 1/1/17 (before amendment) Plan assets, 1/1/17 Net defined benefit liability, 1/1/17 On January 1, 2017, Blossom Corp., through plan amendment, granted prior service benefits having a present value of Interest/discount rate Annual pension service cost Contributions (funding) Actual return on plan assets Benefits paid to retirees $400,000 390,000 10,000 50,100 990 40,000 39,000 37,000 30,000 The company applies ASPE and has made an accounting policy choice to base its actuarial valuation of the DBO on the funding basis