NOTE QUESTIONS 17 to 19 SHARE INFORMATION - NOTE THE QUESTION DIFFERENCE AT THE END || The information below relates to the Orange & Pear Co's (O&P) 2021 calendar year. O&P follows IFRS. : || Defined Benefit Obligation (DBO) - Jan 1 ... $360,000 || Fair Value (FV) of plan assets - Jan 1...350,000 || Current Service Cost...45,000 || "Contributions" to plan...62,500 || Actual (and expected) return on plan assets...28,000 || Past service costs (effective as of Jan 1)...5,000 || Actual benefits paid to retirees...48,000 || Assuming an interest (discount) rate of 9%, what is the balance of the Defined Benefit Obligation (DBO) as of Dec 31, 2021? 0 $362,000 O $389,400 O $394,850 0 $389,850 NOTE QUESTIONS 17 to 19 SHARE INFORMATION - NOTE THE QUESTION DIFFERENCE AT THE END || The information below relates to the Orange & Pear Co's (O&P) 2021 calendar year. O&P follows IFRS. : || Defined Benefit Obligation (DBO) - Jan 1 ... $360,000 || Fair Value (FV) of plan assets - Jan 1...350,000 || Current Service Cost...45,000 IL "Contributions" to plan...62,500 || Actual (and expected) return on plan assets...28,000 || Past service costs (effective as of Jan 1)...5,000 || Actual benefits paid to retirees...48,000 || Assuming an interest (discount) rate of 9%, what is the pension expense for the year ended Dec 31, 2021? O $30,000 O $54,400 O $70,000 O $54,850 Ice Cream Co. had the following information available for their 2021 calendar year. Ice Cream Co. follows IFRS: || Fair value of plan assets (at year end)...$900,000 (Dr) || Defined Benefit Obligation - DBO (at year end)...$960,000 (Cr) || Pension Expense...$180,000 || Contributions during the year...$162,000 || Accordingly, at Dec 31, 2021, the "NET" Defined benefit liability / asset should be reported as: 0 $60,000 liability 0 $102,000 asset 0 $180,000 liability O $60,000 asset