On January $1,2020,$ Desautels Corporation had the following balances:

Projected benefit obligation

$$4,200,000$

Fair value of plan assets

$3,750,000$

The discount rate is $10\%.$ Other data related to the pension plan for $2020$ are:

Service cost

$ $240,000$

Amortization of unrecognized prior service costs

$54,000$

Contributions

$270,000$

Benefits paid

$225,000$

Actual return on plan assets

$264,000$

Expected return on plan assets

$320,000$

Amortization of unrecognized net gain

$18,000$

The fair value of plan assets at December $31,2020$ is:

Group of answer choices

$$3,531,000.$

$$3,789,000.$

$$4,059,000.$

$$4,115,000.$