Oriole Corporation reports the following January 1, 2020 balances for its defined benefit pension plan, which it accounts for under IFRS: plan assets, $420,000; defined benefit obligation, $420,000. Other data relating to three years of operation of the plan are as follows: 2020 2021 2022 Annual service cost $36,400 $39,700 $59,000 Discount rate 10% 10% 10% Actual return on plan assets 38,700 46,500 54,400 Funding of current service cost 36,400 39,700 59,000 Funding of past service cost 60,000 81,000 Benefits paid 30,100 37,380 46,200 Past service cost (plan amended, 1/1/21) 364,000 Change in actuarial assumptions establishes a December 31, 2022 defined benefit obligation of 1,196,000