Required information A company provides the following information related to its defined benefit pension plan for the current year PBO balance, January 1 $325,000 PBO balance December 31 $322,300 Plan Assets balance, January 1 $250,000 Plan Assets balance, December 31 $280,900 Service cost $25,000 Interest cost $32.500 Actual return on plan assets $30,300 Benefits paid to retirees ??? Contributions to plan ??? Assume that there were no changes in plan assumptions during the year (and thus no gain or loss on the PBO), and no amendments to the pension plan (and thus no prior service cost incurred). Use the information above to answer the questions below. 49 Calculate the amount of benefits paid to retirees, Click to select $54,800 $72,700 560,200 $27,700 $35,200 Required information A company provides the following Information related to its defined benefit pension plan for the current year. PBO balance, January 1 $325,000 PBO balance, December 31 $322,300 Plan Assets balance, January 1 $250,000 Plan Assets balance, December 31 $280,900 Service cost $25,000 Interest cost $32,500 Actual return on plan assets $30,300 Benefits paid to retirees ??? Contributions to plan ??? Assume that there were no changes in plan assumptions during the year (and thus no gain or loss on the PBO), and no amendments to the pension plan and thus no prior service cost incurred) Use the information above to answer the questions below. 3:30 Calculate employer contributions to the plan. Click to $600 $55,400 $63,800 560,800 $54,200