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Organic Products distributes scented candles. The company reported the following information concerning its pension obligation: Amounts in millions Year 1 Year 2 Projected benefit obligation
Organic Products distributes scented candles. The company reported the following information concerning its pension obligation: Amounts in millions Year 1 Year 2 Projected benefit obligation $175,720 $180,600 Plan assets at fair value 174,400 177,540 What is the funded status of Organic Products' retirement fund obligations as of the end of Year 2? Select one: a. $3,140 overfunded O b. $3,060 underfunded C. $4,880 underfunded d. $1,740 underfunded
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