1. Prosper Inc. sponsors a defined benefit plan covering all employees. Prosper has not made contributions to the plan for the current year. The following data relates to the plan for the current year.

Projected benefit obligation, Dec. 31, estimated $190,000

Accumulated benefit obligation, Dec. 31, estimated 140,000

Plan assets at fair value, Dec. 31, estimated 170,000

Pension expense, annual 35,000

Employers contribution, annual ?

What amount should Palace contribute to the plan by Dec. 31 in order to report an overfunded Net Pension Asset/Liability of $7,500 dr. on its December 31 balance sheet?

	A.	$37,500
	B.	$27,500
	C.	$25,000
	D.	$18,500