Pension data for Manu Services Inc. include the following: Discount rate Expected return on plan assets Actual return on plan assets 8% 10% 8% Service cost, 2016 Accumulated benefit obligation 1/1/16 Projected benefit obligation 1/1/16 Plan assets (fair value) 1/1/16 Prior service cost-AOCI 1/1/16 Net loss-AOCI 1/1/16 2016 Cash contributions to pension fund 2016 Benefit payments to retirees 237,150 1,802,090 2,375,280 2.859,270 281,634 340,046 295,874 280,684 On average, employees' remaining service life with the company is 10 years After recording all transactions for 2016, the balance in PBO will be