P$19\mathrm{.}4$ The following information is available for HTM Corporation$$s defined benefit pension plan:

$$

$2023$

$2024$

$2025$

Defined benefit obligation, opening balance, accounting basis

$$175,000$

$?$

$?$

Fair value of plan assets

$165,000$

$?$

$?$

Current service cost

$35,000$

$$47,250$

$$52,500$

Discount rate

$7\%$

$7\%$

$7\%$

Actual return earned on plan assets

$8\%$

$6\%$

$7\%$

Contributions $($funding$)$

$44,000$

$44,000$

$44,000$

Benefits paid to retirees

$24,000$

$26,000$

$28,000$

On January $1,2023,$ HTM amended its pension plan, resulting in past service costs with a present value of $$78,000.$

Instructions

Calculate the pension plan$$s surplus or deficit and the pension liability or asset reported on the December $31,2023,2024,$ and $2025$ statements of financial position assuming that HTM accounts for its pension plan under ASPE. Round to the nearest dollar.

Calculate all the components, and the total defined benefit expense for $2023,2024,$ and $2025,$ assuming that HTM accounts for its pension plan under ASPE.

Identify the pension plan$$s surplus or deficit and the pension liability or asset reported on the December $31,2023,2024,$ and $2025$ statements of financial position assuming that HTM accounts for its pension plan under IFRS.

Calculate defined benefit expense and any remeasurement $($gain$)$ loss$$OCI for $2023,2024,$ and $2025$ assuming that HTM accounts for its pension plan under IFRS. Round to the nearest dollar.

Compare the results obtained in parts $($b$)$ and $($d$).$ Comment. Which method results in a better measure of expense over the three$-$year period?

An icon reads, Digging Deeper. Which method results in a better measure of the plan surplus or deficit that is reported on the SFP$?$