Problem 19-28 (LO. 4) Determine the maximum annual benefits payable to a participant from a defined benefit plan in the following independent situations. a. Frank, age 66, has been a participant for 17 years, and his highest average compensation for 3 years is $ 127,300. Assume that there are fewer than 100 participants. The maximum amount of annual benefits payable to Frank in 2020 is $ 127,300 Feedback b. Ellen, age 65, has been a participant for 9 years (11 years of service), and her highest average compensation for 3 years is $102,600. The ceiling amount used in computing her maximum annual benefits is $ X and the maximum amount of annual benefits payable to Ellen in 2020 from the defined benefit plan is $ 102,600. Feedback Check My Work Feedback Check My Work