Multiple Choice Question 78 On January 1, 2018, Blossom Co. has the following balances: Projected benefit obligation $2850000 Fair value of plan assets 2350000 The settlement rate is 9%. Other data related to the pension plan for 2018 are: Service cost Amortization of prior service costs due to increase in benefits Contributions Benefits paid Actual return on plan assets Amortization of net gain $235000 74000 435000 160000 330000 17000 The fair value of plan assets at December 31, 2018 is $2850000 O $2955000 O $2777000 O $3180000 Click if you would like to Show Work for this question: Open Show Work