IABLE S future Value of an Annuity Due of $1 FVAD =l(1+)1(1+i) TABLE 4 Present Value of an Ordinary Annuty of $1 PVA =i1[1+i)21 Sachs Brands's defined benefit pension plan speclfies annual retirement benefits equal to 1.5% servce years final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2007 and is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $93,000 at the end of 2021 and the company's actuary projects her salary to be $295,000 at retirement. The actuary's discount rate is 7%. (FV of \$1. PV of \$1. FVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of \$1) (Use approprlate factor(s) from the tables provided.) Required: 2 Estlmate by the accumulated benefits approach the amount of Davenport's annual retirement payments earned as of the end of 2021. 3. What is the company's accumulated benefit obligation at the end of 2021 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 4. If no estumates are changed In the meantIme, what will be the accumulated benefit obligation at the end of 2024 (three years later), when Davenport's salary is $130,000 ? (Do not round intermedlate calculations. Round your final answer to the nearest whole dollar.) Answer is complete but not entirely correct. 6 Present Value of an Annuity Dve of $1 PVAD[i1(i+0)1](1+i) 3 Future Value of an Ordinary Annuity of $1 FVA=i(1+i)e1 TABLE 2 Present Value of $1 PV=$