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Oriole Corporation received the following report from its actuary at the end of the year: December 31, 2020 December 31, 2021 Projected benefit obligation $3568000
Oriole Corporation received the following report from its actuary at the end of the year:
December 31, 2020 | December 31, 2021 | |||||||
Projected benefit obligation | $3568000 | $3950000 | ||||||
Accumulated benefit obligation | 2159000 | 2519000 | ||||||
Fair value of pension plan assets | 2319000 | 2439000 |
The amount reported as the pension liability at December 31, 2021 is
| $1431000. |
| $3950000. |
| $1511000. |
| $2519000. |
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