On January 1 of the current reporting year, Coda Company's projected benefit obligation was $30.6 million. During the year, pension benefits paid by the trustee were $4.6 million. Service cost was $10.6 million. Pension plan assets earned $5.6 million as expected. At the end of the year, there was no net gain or loss and no prior service cost. The actuary's discount rate was 10%.

Beginning PBO
Ending PBO