On January $1,2020,$ Spoon Co$.$ had the following balances:

Projected benefit obligation $$7,300,000$

Fair value of plan assets $,7,200,000$

Other data related to the pension plan for $2020$ :

$\backslash$table$[[$Service cost$,315,000],[$Contributions to the plan,$360,000],[$Benefits paid,$350,000],[$Interest rate,$6\%$