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KTC has a defined benefit pension plan. At December 31 of the current year, selected pension plan data were as follows (000s): $602 Vested Benefit

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KTC has a defined benefit pension plan. At December 31 of the current year, selected pension plan data were as follows (000s): $602 Vested Benefit Projected Benefit Obligation Obligation 200 319 (Accrued)/prepaid Pension Plan Assets - Fair Value pension cost (48) Unrecognized Prior Service Cost 95 KTC's tax rate is 40%. Compute the funded status of the plan. SHOW YOUR WORK

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