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Mallard Company sponsors a pension plan with the following pension benefit: Benefit paid at each year-end during retirement = (Number of years worked x Annual

image text in transcribed Mallard Company sponsors a pension plan with the following pension benefit: Benefit paid at each year-end during retirement = (Number of years worked x Annual salary at retirement )25 Note: Carry all decimals in calculations; round the final answer to the nearest dollar. a. Compute the PBO on December 31 of Year 10 , if Josie's current salary is $30,000. b. Compute the ABO on December 31 of Year 10, if Josie's current salary is $30,000

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