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On January 1 , 2 0 2 4 , Ravetch Corporation's projected benefit obligation was $ 3 8 million. During 2 0 2 4 ,

On January 1,2024, Ravetch Corporation's projected benefit obligation was $38 million. During 2024, pension benefits paid by the trustee were $6 million. Service cost for 2024 is $17 million. Pension plan assets (at fair value) increased during 2024 by $8 million as expected. At the end of 2024, there were no pension-related other comprehensive income (OCI) accounts. The actuary's discount rate was 10%.
Required:
Determine the amount of the projected benefit obligation at December 31,2024.
Note: Enter your answers in millions rounded to 2 decimal places (i.e.,5,500,000 should be entered as 5.50). Amounts to be deducted should be indicated with a minus sign.
\table[[Projected Benefit Obligation],[Beginning of 2024,5,],[,,],[,,],[,,],[End of 2024,$,0.00]
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