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minutes ) Dayton Products Ltd . has a separate pension plan for its management. This pension plan was put in place on January 1 ,

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Dayton Products Ltd. has a separate pension plan for its management. This pension plan was put in place on January 1,2013. The plan initiation created a pension obligation of $3 million. However, only $1 million was put into the plan initially. On January 1,2023, the company improved the benefits for the plan, which increased the actuarial obligation by $750,000.
The pension plan's trustee and actuary provided the following information for the fiscal year ended December 31,2023:
Financial statements for the pension trust show that, as at December 31,2022,
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