On January 1, 2006 Coda Company projected benefit obligations was $30 Million. During 2006 pension benifits paid by the trustees were $4 million . Service cost for 2006 is $10 million. Pension plan assets increased during 2006 by 5 million as expected. at the end of 2006, there were no unrecongnized pension cost. The Actual discount rate was 10% Required Determine the amount of the projected benefit obligation at December 31, 2006.