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On January 1, 2021, Sunland Co. has the following balances: Projected benefit obligation Fair value of plan assets $3800000 3300000 The settlement rate is

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On January 1, 2021, Sunland Co. has the following balances: Projected benefit obligation Fair value of plan assets $3800000 3300000 The settlement rate is 9%. Other data related to the pension plan for 2021 are: Service cost $306000 Amortization of prior service costs due to increase in benefits 106000 Contributions 506000 Benefits paid 231000 Actual return on plan assets 401000 Amortization of net gain 30600 The balance of the projected benefit obligation at December 31, 2021 is O $4142000. O $4209000. O $4448000. O $4217000.

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