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On January 1, 2021, Ivanhoe Co. has the following balances: Projected benefit obligation Fair value of plan assets $ 4600000 4000000 The settlement rate is
On January 1, 2021, Ivanhoe Co. has the following balances: Projected benefit obligation Fair value of plan assets $ 4600000 4000000 The settlement rate is 9%. 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 $ 310000 67000 350000 325000 342000 23000 The balance of the projected benefit obligation at December 31, 2021 is $4831000 O $5014000. O $5324000. O $4999000
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