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Khurana Company's defined benefit pension plan had a PBO of $272,000 on January 1, 2024. During 2024, pension benefits pald were $46,000. The discount rate
Khurana Company's defined benefit pension plan had a PBO of $272,000 on January 1, 2024. During 2024, pension benefits pald were $46,000. The discount rate for the plan for this year was 10%. Service cost for 2024 was $86,000. Plan assets (fair value) increased during the year by $48,000. The amount of the PBO on December 31,2024 , was: Multiple Choice $226,000. $385,200. $339,200. None of these answer cholces are correct
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