Jim is an employee of Cardinal Corp. In $20$x$3,$ after $13$ years if faithful service, Cardinal initiated a defined benefit pension plan for Jim. According to the plan's benefit formula, at the end of each year during retirement, Jim will receive$4\%$ of the salary that he earned during his final year of employment for each year of service.The Actuary estimates that Jim will retire in $5$ years, after which he should live another $4$ years. Jim's salary for $20$x$2$ was $$29,000.$ For $20$x$3$ it is $$30,000.$ Cardinal estimates that Jim will receive an annual raise of $$1,000$ each year until retirement.Cardinal will fund the plan by making contributions of $$9,981$ each year beginning December $31,20$X$3($now$).$The beginning PBO $($and PSC$)$ is $$24,425.$Complete the exercise at home and turn in next class period for a grade Please show how you get your answers. Unsuppoited$\_$ answarc will be marked wrong.

$10.$ The PBO at $\frac{12}{31}\frac{?}{?}5$ is

$11.$ The fund balance at $\frac{12}{31}\frac{?}{?}5$ is

$

$12.$ The funded status at $\frac{12}{31}\frac{?}{?}5$ is

$13.$ The Accumulated OCI$-$PSC balance on the books is $($Indicate where it is and whether the balance is a debit or credif$)$ Show the T acrount

$14.$ The Pension assetliability balance on the books is $($Indicate where it is and whether the balance is a debt of credif$)$ Show the T account

$4.$ What amount $(5)$ will appear on the balance sheet?

$\backslash$table$[[$Assets$,$Lakinges$],[$Deferred Tax Asset,Pension Liabiliy$],[,$Ownos Equity$],[,\backslash$table$[[$Accumulated Other$],[$Comprehensive Income$]]]]$