On January 1, 2018, Oil Trading Co.s defined benefit pension plan had plan assets with a fair value of $850,000, and a projected benefit obligation of $775,000. In addition:

• Actual and expected return on plan assets 8%
• Interest cost 6%
• Service costs - $34,735
• Unamortized prior service cost - $145,591
• Employer contributions to the plan - $62,758
• Distributions to employees from the plan - $41,873

What will be the amount in plan assets at December 31, 2018?