Larkspur Company sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. January 1, 2020 December 31, 2020 Vested benefit obligation $1,520 $1,870 Accumulated benefit obligation 1,870 2,760 Projected benefit obligation 2,490 3,280 Plan assets (fair value) 1,710 2,590 Settlement rate and expected rate of return 10% Pension asset/liability 780 ? Service cost for the year 2020 390 Contributions (funding in 2020) 680 Benefits paid in 2020 200