On January 1, 2021, Carla Vista Co. has the following balances: Projected benefit obligation $3250000 Fair value of plan assets 2750000 The settlement rate is 10%. Other data related to the pension plan for 2021 are: Service cost $295000 Amortization of prior service costs due to increase in benefits 95000 Contributions 495000 Benefits paid 220000 Actual return on plan assets 390000 Amortization of net gain 29500 The balance of the projected benefit obligation at December 31, 2021 is $3575000. $3650000. $3615000. O $3870000