Grant Industries leased exercise equipment to Silver Gyms on July 1, 2021. Grant recorded the lease as a sales-type lease at $810,000, the present value of lease payments discounted at 10%. The lease called for ten annual lease payments of $120,000 due at the beginning of each year. The first payment was received on July 1, 2021. Grant had manufactured the equipment at a cost of $750,000. The total increase in earnings (pretax) on Grant's 2021 income statement would be: Multiple Choice $0 $93,000 O $94,500 $100,500 Pearsall Company's defined benefit pension plan had a PBO of $268,000 on January 1, 2021. During 2021, pension benefits paid were $43,000. The discount rate for the plan for this year was 10%. Service cost for 2021 was $84,000. Plan assets (fair value) increased during the year by $52,000. The amount of the PBO at December 31, 2021, was: Multiple Choice $225,000. O $378,800. O $335,800. O None of these answer choices are correct