QUESTION 1 The following pension plan offering is for Ore Dock Company at December 31, 2020 Projected Benefit Obligation 12/31/20. $8,400,000 Projected Benefit Obligation 1/1/20 $7500,000 Accumulated Benefit Obligation $7,500,000 Plan Assets (at Fair Value) 1/1/20... $5,140,000 Plan Assets (at Fair Value) 12/31/20 $ 6,250,000 Accumulated OCI (PSC) 12/31/20. $540,000 Pension Expense for 2020.. $3.000.000 Contribution for 2020. $2,400,000 Question: The amount to be reported as liability for pensions on the December 31, 2020 balance sheet is