On January 1, 2021, Crane Co. has the following balances: Projected benefit obligation $4400000 Fair value of plan assets 3800000 The settlement rate is 11%. Other data related to the pension plan for 2021 are: Service cost Amortization of prior service costs Contributions Benefits paid Actual return on plan assets Amortization of net gain $308000 66000 348000 323000 340000 22800 The balance of the projected benefit obligation at December 31, 2021 is $4869000. $4698000. $5192000. $4884000