Question #10 Logan Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees. The company's actuary has provided the following information for the year ended December 31, 2015: Balances as of December 31, 2014 . Projected benefit obligation $700,000 Fair value of plan assets $825,000 . Following information for 2015 Service cost $240,000 . Interest on projected benefit obligation $24,000 . Amortization of prior service cost $60,000 . Expected and actual return on plan assets $82,500 The market-related asset value equals the fair value of plan assets. No contributions have been made for 2015 pension cost. At December 31, 2015 The funded status of this pension is $ (Must indicate overfunded or underfunded and $$ amount) #10.Funded Status of Pensions as of December 31, 2015 =$ (Must indicate overfunded or underfunded and $$ amount)