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On January 1, 2018, Burleson Corporation's projected benefit obligation trustee were $6 million. Service cost for 2018 is $10 million. Pension plan assets (at fair
On January 1, 2018, Burleson Corporation's projected benefit obligation trustee were $6 million. Service cost for 2018 is $10 million. Pension plan assets (at fair value) increased during 2018 by $8 million as expected. At the end of 2018, there was no prior service cost and a negligible balance in net loss-AOCI. The actuary's discount rate was 10%. was $46 million. During 2018 pension benefits paid by the Required: Determine the amount of the projected benefit obligation at December 31, 2018. (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.) Projected Benefit Obligation Beginning of 2018 End of 2018
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